Trican Well Service Ltd (TCW) Price Target Raised to C$6.00
Trican Well Service Ltd (TSE:TCW) had its price objective boosted by investment analysts at National Bank Financial from C$5.50 to C$6.00 in a report released on Tuesday. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price target would suggest a potential upside of 64.84% from the company’s current price.
Other research analysts have also issued research reports about the company. JPMorgan Chase & Co. boosted their price target on Trican Well Service from C$5.00 to C$6.00 in a research report on Monday, August 14th. CIBC reduced their price target on Trican Well Service from C$6.75 to C$5.25 in a research report on Thursday, July 20th. Canaccord Genuity reduced their price target on Trican Well Service from C$6.00 to C$4.50 in a research report on Tuesday, July 11th. Pi Financial reduced their price target on Trican Well Service from C$6.25 to C$6.00 in a research report on Thursday, June 8th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a C$7.00 price target on shares of Trican Well Service in a research report on Monday, June 5th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Trican Well Service presently has a consensus rating of “Buy” and an average target price of C$5.88.
Trican Well Service (TCW) traded down 0.82% on Tuesday, reaching $3.64. The company’s stock had a trading volume of 1,166,069 shares. The firm’s market capitalization is $1.26 billion. The firm has a 50-day moving average price of $3.54 and a 200 day moving average price of $3.92. Trican Well Service has a 52-week low of $2.09 and a 52-week high of $5.59.
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Trican Well Service Company Profile
Trican Well Service Ltd. is a Canada-based oilfield services company. The Company provides an array of specialized products, equipment, services and technology for use in the drilling, completion, stimulation and reworking of oil and gas wells in Canada, the United States, Kazakhstan, Russia and Norway, as well as limited operations in Saudi Arabia and Colombia.
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