Shares of Western Energy Services Corp (TSE:WRG) have been given an average rating of “Buy” by the eight analysts that are covering the stock. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is C$3.66.

A number of brokerages recently weighed in on WRG. Canaccord Genuity boosted their price objective on Western Energy Services Corp from C$3.00 to C$3.50 in a research report on Tuesday, January 10th. AltaCorp Capital upgraded Western Energy Services Corp from a “speculative” rating to an “outperform” rating in a research report on Monday, January 9th. CIBC boosted their price objective on Western Energy Services Corp from C$4.50 to C$5.00 in a research report on Wednesday, January 25th. Raymond James Financial, Inc. restated a “market perform” rating and set a C$3.70 price objective on shares of Western Energy Services Corp in a research report on Thursday, February 23rd. Finally, Scotiabank restated a “sector perform” rating and set a C$3.25 price objective on shares of Western Energy Services Corp in a research report on Thursday, February 23rd.

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Western Energy Services Corp (TSE:WRG) opened at 1.97 on Friday. The firm’s market cap is $145.38 million. Western Energy Services Corp has a 1-year low of $1.90 and a 1-year high of $3.71. The firm has a 50-day moving average price of $2.22 and a 200-day moving average price of $2.62.

Western Energy Services Corp Company Profile

Western Energy Services Corp. is a Canada-based oilfield service company. The Company is focused on three core business lines: contract drilling, well servicing and oilfield rental equipment services. It operates in the oilfield service industry through its contract drilling segment in Canada and the United States, and through its production services segment in Canada.

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