Trican Well Service Ltd. (TCW) Downgraded by Raymond James Financial Inc.
Raymond James Financial Inc. lowered shares of Trican Well Service Ltd. (TSE:TCW) from a strong-buy rating to a market perform rating in a research note published on Friday. The brokerage currently has C$3.60 price target on the stock, up from their prior price target of C$3.30.
A number of other brokerages have also issued reports on TCW. Pi Financial lowered shares of Trican Well Service from a buy rating to a neutral rating in a research note on Friday, October 7th. Evercore Partners Inc. boosted their target price on shares of Trican Well Service from C$2.00 to C$3.00 in a research note on Wednesday, June 29th. Evercore ISI boosted their target price on shares of Trican Well Service from C$2.00 to C$3.00 in a research note on Wednesday, June 29th. Royal Bank Of Canada reissued an outperform rating and set a C$5.00 target price on shares of Trican Well Service in a research note on Tuesday, September 6th. Finally, Scotiabank boosted their target price on shares of Trican Well Service from C$2.75 to C$3.00 and gave the company an outperform rating in a research note on Wednesday, June 22nd. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Trican Well Service currently has a consensus rating of Hold and an average target price of C$2.79.
Shares of Trican Well Service (TSE:TCW) opened at 3.15 on Friday. The company’s 50-day moving average is $2.43 and its 200 day moving average is $2.02. The stock’s market capitalization is $608.07 million. Trican Well Service has a 12 month low of $0.34 and a 12 month high of $3.37.
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.
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.