Trican Well Service Ltd (TSE:TCW) has earned a consensus recommendation of “Buy” from the fourteen brokerages that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is C$5.95.

A number of equities research analysts have issued reports on TCW shares. J P Morgan Chase & Co increased their price target on Trican Well Service from C$5.00 to C$6.00 in a research report on Monday, August 14th. 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. CIBC increased their price target on Trican Well Service from C$5.75 to C$6.25 in a research report on Friday. GMP Securities increased their price target on Trican Well Service from C$5.00 to C$7.00 in a research report on Wednesday, September 20th. Finally, National Bank Financial increased their price target on Trican Well Service from C$5.50 to C$6.00 and gave the company an “outperform” rating in a research report on Tuesday, September 5th.

In other news, insider David R. Jones sold 50,000 shares of the firm’s stock in a transaction dated Thursday, October 5th. The stock was sold at an average price of C$4.59, for a total transaction of C$229,500.00. Also, insider Etienne Poulin sold 9,867 shares of the firm’s stock in a transaction dated Wednesday, September 20th. The stock was sold at an average price of C$4.18, for a total value of C$41,244.06.

Trican Well Service (TCW) traded down 3.57% during mid-day trading on Friday, hitting $4.32. The company had a trading volume of 2,341,445 shares. The company’s market capitalization is $1.50 billion. The company has a 50-day moving average price of $4.27 and a 200 day moving average price of $3.91. Trican Well Service has a 52-week low of $2.72 and a 52-week high of $5.59.

ILLEGAL ACTIVITY NOTICE: “Trican Well Service Ltd (TCW) Given Consensus Recommendation of “Buy” by Brokerages” was originally reported by American Banking News and is owned by of American Banking News. If you are accessing this report on another publication, it was copied illegally and republished in violation of United States and international copyright and trademark legislation. The original version of this report can be read at https://www.americanbankingnews.com/2017/10/22/trican-well-service-ltd-tcw-given-consensus-recommendation-of-buy-by-brokerages-2.html.

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.

Analyst Recommendations for Trican Well Service (TSE:TCW)

Receive News & Ratings for Trican Well Service Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trican Well Service Ltd and related companies with MarketBeat.com's FREE daily email newsletter.