Western Energy Services Now Covered by Analysts at Canaccord Genuity (WRG)
Stock analysts at Canaccord Genuity assumed coverage on shares of Western Energy Services (CVE:WRG) in a report issued on Tuesday, American Banking and Market News reports. The firm set a “buy” rating and a C$8.75 price target on the stock.
WRG has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated an “outperform” rating on shares of Western Energy Services in a research note to investors on Wednesday, December 11th. Separately, analysts at CIBC reiterated a “sector outperform” rating on shares of Western Energy Services in a research note to investors on Wednesday, December 11th. Seven research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and a consensus price target of C$9.56.
Shares of Western Energy Services (CVE:WRG) opened at 7.45 on Tuesday. Western Energy Services has a one year low of $6.49 and a one year high of $8.86. The stock’s 50-day moving average is $7.29 and its 200-day moving average is $7.82. The company has a price-to-earnings ratio of 14.51.
Western Energy Services Corp is an oilfield service company which provides contract drilling services through its wholly owned subsidiaries Horizon Drilling Inc in Canada and Stoneham Drilling Corporation in the United States.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.