Raymond James Financial Inc. Downgrades Trican Well Servic Com Npv (TOLWF) to Market Perform
Trican Well Servic Com Npv (NASDAQ:TOLWF) was downgraded by equities researchers at Raymond James Financial Inc. from a “strong-buy” rating to a “market perform” rating in a research report issued on Tuesday. They presently have a $3.60 price objective on the stock, up from their previous price objective of $3.30. Raymond James Financial Inc.’s price objective would suggest a potential upside of 44.00% from the stock’s current price.
Other research analysts have also issued research reports about the company. Royal Bank Of Canada raised Trican Well Servic Com Npv from a “sector perform” rating to an “outperform” rating and boosted their price target for the stock from $2.00 to $5.00 in a research report on Wednesday, June 22nd. Scotiabank reaffirmed an “outperform” rating and set a $3.00 price target (up previously from $2.75) on shares of Trican Well Servic Com Npv in a research report on Wednesday, June 22nd. TD Securities reaffirmed a “buy” rating and set a $2.75 price target (up previously from $2.25) on shares of Trican Well Servic Com Npv in a research report on Thursday, June 23rd. Finally, Pi Financial reaffirmed a “neutral” rating on shares of Trican Well Servic Com Npv in a research report on Saturday. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Trican Well Servic Com Npv has a consensus rating of “Buy” and a consensus price target of $3.41.
Trican Well Servic Com Npv (NASDAQ:TOLWF) traded down 2.00% during midday trading on Tuesday, hitting $2.45. The stock had a trading volume of 4,641 shares. The firm has a 50-day moving average price of $1.86 and a 200-day moving average price of $1.55. Trican Well Servic Com Npv has a 1-year low of $0.24 and a 1-year high of $2.53. The firm’s market capitalization is $472.95 million.
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