Trican Well Services Receives Average Recommendation of “Hold” from Analysts (TSE:TCW)
Shares of Trican Well Services (TSE:TCW) have earned a consensus recommendation of “Hold” from the twelve analysts that are presently covering the company, American Banking and Market News reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is C$15.90.
A number of research firms have recently commented on TCW. Analysts at CIBC cut their price target on shares of Trican Well Services from C$14.00 to C$13.00 in a research note on Tuesday, February 11th. Separately, analysts at Canaccord Genuity initiated coverage on shares of Trican Well Services in a research note on Tuesday, January 7th. They set a “hold” rating and a C$15.00 price target on the stock.
Trican Well Services (TSE:TCW) opened at 13.95 on Tuesday. Trican Well Services has a 52-week low of $11.97 and a 52-week high of $16.23. The stock’s 50-day moving average is $13.0 and its 200-day moving average is $13.65. The company’s market cap is $2.077 billion.
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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