Q4 2017 EPS Estimates for Trican Well Service Ltd. (TCW) Lowered by Analyst
Trican Well Service Ltd. (TSE:TCW) – Analysts at Raymond James Financial cut their Q4 2017 earnings per share (EPS) estimates for Trican Well Service in a research note issued on Friday. Raymond James Financial analyst A. Bradford now forecasts that the brokerage will earn $0.01 per share for the quarter, down from their previous forecast of $0.05. Raymond James Financial currently has a “Market Perform” rating and a $3.60 target price on the stock.
TCW has been the subject of several other research reports. Royal Bank Of Canada reiterated an “outperform” rating and set a C$5.00 price target on shares of Trican Well Service in a research note on Tuesday, September 6th. Pi Financial increased their price target on Trican Well Service from C$2.20 to C$3.30 in a research note on Monday, October 3rd. TD Securities cut their price target on Trican Well Service from C$3.00 to C$2.75 and set a “speculative buy” rating for the company in a research note on Monday, August 15th. Scotiabank reiterated an “outperform” rating and set a C$3.50 price target on shares of Trican Well Service in a research note on Monday, August 15th. Finally, Evercore ISI increased their price target on Trican Well Service from C$2.00 to C$3.00 in a research note on Wednesday, June 29th. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of C$2.79.
Trican Well Service (TSE:TCW) opened at 3.15 on Monday. The firm’s 50-day moving average price is $2.41 and its 200 day moving average price is $2.00. Trican Well Service has a 52 week low of $0.34 and a 52 week high of $3.37. The firm’s market cap is $608.07 million.
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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