21529 (ISC.V) (CVE:ISC) Stock Price Expected to Rise, CIBC Analyst Says

21529 (ISC.V) (CVE:ISC) had its price objective raised by investment analysts at CIBC from C$37.00 to C$49.00 in a note issued to investors on Wednesday,BayStreet.CA reports.

Separately, Raymond James Financial lifted their price target on shares of 21529 (ISC.V) from C$38.00 to C$39.00 in a report on Thursday, November 6th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of C$40.00.

21529 (ISC.V) Price Performance

21529 has a one year low of C$2.10 and a one year high of C$3.04.

About 21529 (ISC.V)

IROC Energy Services Corp. (IROC Energy) is an oilfield services company. As of December 31, 2011, IROC Energy operated in two segments: the Drilling and Production Services segment and Rental Services segment. The Drilling and Production Services segment carries on business in Western Canada through the Eagle Well Servicing (Eagle) and Helix Coil Services (Helix) divisions. Aero Rental Services (Aero), its rentals division, offers a range of rental equipment to the oil and gas industry. Through the IROC Energy Services Partnership (the IROC Partnership), the Company provides products, services and equipment to the oil and gas industry in the Western Canadian Sedimentary Basin (WCSB).