Trican Well Services Stock Rating Reaffirmed by RBC Capital (TCW)
Trican Well Services (TSE:TCW)‘s stock had its “outperform” rating restated by research analysts at RBC Capital in a report released on Tuesday, AnalystRatings.Net reports.
Shares of Trican Well Services (TSE:TCW) traded down 1.86% during mid-day trading on Tuesday, hitting $13.75. 396,347 shares of the company’s stock traded hands. Trican Well Services has a 52-week low of $10.95 and a 52-week high of $16.23. The stock has a 50-day moving average of $14.78 and a 200-day moving average of $14.25. The company’s market cap is $2.047 billion.
Several other analysts have also recently commented on the stock. Analysts at Raymond James downgraded shares of Trican Well Services (TSE:TCW) from an “outperform” rating to a “market perform” rating in a research note to investors on Wednesday, September 25th. They now have a C$16.50 price target on the stock, down previously from C$18.00. Separately, analysts at Barclays Capital initiated coverage on shares of Trican Well Services (TSE:TCW) in a research note to investors on Monday, September 9th. They set an “overweight” rating and a C$21.00 price target on the stock. Finally, analysts at Pi Financial cut their price target on shares of Trican Well Services (TSE:TCW) from C$17.25 to C$16.25 in a research note to investors on Thursday, August 1st. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Trican Well Services has an average rating of “Hold” and an average price target of C$16.61.
Trican Well Service Ltd. (TSE:TCW) is an oilfield services company providing an array of specialized products, equipment, services and technology for use in the drilling, completion, stimulation and reworking of oil and gas wells.
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