Shares of Western Energy Services Corp (TSE:WRG) have received a consensus rating of “Buy” from the seven research firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is C$2.92.

A number of research analysts have recently commented on WRG shares. CIBC reduced their price target on shares of Western Energy Services Corp from C$4.25 to C$3.25 in a research report on Thursday, July 20th. Scotiabank upgraded shares of Western Energy Services Corp from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from C$3.00 to C$4.00 in a research report on Thursday, April 27th. Raymond James Financial, Inc. upgraded shares of Western Energy Services Corp from a “market perform” rating to an “outperform” rating and boosted their price target for the company from C$2.60 to C$2.65 in a research report on Thursday, April 27th. Canaccord Genuity reduced their price target on shares of Western Energy Services Corp from C$2.50 to C$1.80 in a research report on Tuesday, July 11th. Finally, Royal Bank Of Canada reduced their price target on shares of Western Energy Services Corp from C$4.00 to C$3.50 and set an “outperform” rating for the company in a research report on Friday, April 28th.

Shares of Western Energy Services Corp (TSE WRG) traded up 0.79% during midday trading on Tuesday, reaching $1.27. The company had a trading volume of 424,569 shares. The company has a 50 day moving average price of $1.51 and a 200-day moving average price of $2.13. Western Energy Services Corp has a one year low of $1.23 and a one year high of $3.52. The firm’s market capitalization is $93.72 million.

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About Western Energy Services Corp

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.

Analyst Recommendations for Western Energy Services Corp (TSE:WRG)

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