Trican Well Service Ltd. Expected to Post FY2018 Earnings of $0.11 Per Share (TCW)
Trican Well Service Ltd. (TSE:TCW) – Cormark issued their FY2018 earnings per share (EPS) estimates for Trican Well Service in a report issued on Friday. Cormark analyst J. Zhang expects that the firm will post earnings per share of $0.11 for the year.
TCW has been the topic of several other research reports. Royal Bank Of Canada restated an “outperform” rating and issued a C$5.00 target price on shares of Trican Well Service in a research report on Tuesday, September 6th. Pi Financial raised their target price on Trican Well Service from C$2.20 to C$3.30 in a research report on Monday, October 3rd. Canaccord Genuity raised their target price on Trican Well Service from C$3.25 to C$4.00 in a research report on Thursday, October 13th. Scotiabank downgraded Trican Well Service from a “sector outperform” rating to a “sector perform” rating in a research report on Tuesday, October 11th. Finally, CIBC lifted their price objective on Trican Well Service from C$2.75 to C$3.25 in a research report on Wednesday, October 19th. Seven investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Trican Well Service has a consensus rating of “Hold” and an average target price of C$3.17.
Trican Well Service (TSE:TCW) opened at 3.17 on Monday. The stock’s 50 day moving average price is $2.97 and its 200 day moving average price is $2.29. Trican Well Service has a 52-week low of $0.34 and a 52-week high of $3.37. The company’s market cap is $611.71 million.
Trican Well Service Company Profile
Trican Well Service Ltd. is a Canada-based oilfield services company. The Company provides an array of specialized products, equipment, services and technology for use in the drilling, completion, stimulation and reworking of oil and gas wells in Canada, the United States, Kazakhstan, Russia and Norway, as well as limited operations in Saudi Arabia and Colombia.
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