Trican Well Service (TCW) Given New C$6.00 Price Target at Canaccord Genuity
Several other analysts also recently commented on TCW. CIBC upped their price objective on shares of Trican Well Service from C$5.75 to C$6.25 in a report on Friday, October 20th. National Bank Financial boosted their target price on shares of Trican Well Service from C$6.00 to C$7.50 and gave the company an outperform rating in a research note on Thursday, November 2nd. JPMorgan Chase & Co. boosted their target price on shares of Trican Well Service from C$5.00 to C$6.00 and gave the company a neutral rating in a research note on Friday, November 3rd. BMO Capital Markets boosted their target price on shares of Trican Well Service from C$4.50 to C$7.00 in a research note on Friday, November 3rd. Finally, TD Securities cut shares of Trican Well Service from a buy rating to a hold rating and decreased their target price for the company from C$6.00 to C$5.50 in a research note on Wednesday, November 15th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus target price of C$6.48.
Shares of Trican Well Service (TCW) opened at C$3.44 on Tuesday. The company has a market cap of $1,160.00, a price-to-earnings ratio of 17.20 and a beta of -0.58. Trican Well Service has a twelve month low of C$3.11 and a twelve month high of C$5.59.
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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