Canaccord Genuity Boosts Trican Well Service Ltd. (TCW) Price Target to C$4.00
Other analysts have also issued reports about the stock. Evercore ISI boosted their price target 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 upgraded shares of Trican Well Service from a sector perform rating to an outperform rating and boosted their price target for the stock from C$2.00 to C$5.00 in a research note on Wednesday, June 22nd. 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. Pi Financial boosted their price target on shares of Trican Well Service from C$2.20 to C$3.30 in a research note on Monday, October 3rd. Finally, Raymond James Financial Inc. lowered shares of Trican Well Service from a strong-buy rating to a market perform rating and boosted their price target for the stock from C$3.30 to C$3.60 in a research note on Friday, October 7th. Eight investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of C$2.94.
Shares of Trican Well Service (TSE:TCW) opened at 3.16 on Thursday. The firm’s market capitalization is $610.00 million. Trican Well Service has a 1-year low of $0.34 and a 1-year high of $3.37. The company has a 50-day moving average of $2.58 and a 200-day moving average of $2.09.
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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