AltaCorp Capital reaffirmed their outperform rating on shares of Trican Well Service Ltd. (TSE:TCW) in a research report sent to investors on Tuesday morning.

A number of other research analysts have also recently commented on the stock. Scotiabank increased their price target on shares of Trican Well Service from C$4.50 to C$4.75 and gave the company an outperform rating in a research report on Monday. Canaccord Genuity increased their price target on shares of Trican Well Service from C$4.00 to C$4.25 and gave the company a speculative buy rating in a research report on Monday. TD Securities increased their price target on shares of Trican Well Service from C$3.75 to C$4.00 and gave the company a speculative buy rating in a research report on Friday, November 11th. Royal Bank Of Canada reiterated an outperform rating and set a C$5.00 price target on shares of Trican Well Service in a research report on Monday, October 31st. Finally, CIBC increased their price target on shares of 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 assigned a buy rating to the stock. Trican Well Service currently has a consensus rating of Hold and a consensus target price of C$3.35.

Analyst Recommendations for Trican Well Service (TSE:TCW)

Trican Well Service (TSE:TCW) traded up 2.252% during midday trading on Tuesday, reaching $3.405. 371,397 shares of the company’s stock were exchanged. The stock’s market cap is $657.30 million. The firm has a 50 day moving average of $3.07 and a 200-day moving average of $2.34. Trican Well Service has a 12 month low of $0.34 and a 12 month high of $3.61.

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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