Trican Well Service Receives Consensus Recommendation of “Buy” from Analysts (TSE:TCW)
Trican Well Service (TSE:TCW) has received an average recommendation of “Buy” from the fifteen brokerages that are covering the stock, StockRatingsNetwork.com reports. Six analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is C$18.08.
Trican Well Service (TSE:TCW) opened at 15.62 on Monday. Trican Well Service has a 52-week low of $11.97 and a 52-week high of $18.19. The stock’s 50-day moving average is $15.95 and its 200-day moving average is $15.41. The company’s market cap is $2.337 billion.
Trican Well Service (TSE:TCW) last posted its quarterly earnings results on Thursday, July 31st. The company reported ($0.29) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.33) by $0.04.
TCW has been the subject of a number of recent research reports. Analysts at Canaccord Genuity raised their price target on shares of Trican Well Service from C$18.50 to C$20.00 in a research note on Thursday, July 31st. Separately, analysts at CIBC upgraded shares of Trican Well Service from an “underperform” rating to a “sector perform” rating in a research note on Thursday, July 31st. Finally, analysts at NBF raised their price target on shares of Trican Well Service from C$16.00 to C$17.00 in a research note on Wednesday, July 30th. They now have a “sector perform” rating on the stock.
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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