Acumen Capital Forecasts Strong Price Appreciation for 21529 (ISC.V) (CVE:ISC) Stock

21529 (ISC.V) (CVE:ISC) had its target price raised by equities researchers at Acumen Capital from C$40.00 to C$48.50 in a research note issued on Monday,BayStreet.CA reports.

A number of other analysts have also issued reports on ISC. Canadian Imperial Bank of Commerce lifted their price target on shares of 21529 (ISC.V) from C$37.00 to C$49.00 in a research note on Wednesday, January 28th. Raymond James Financial increased their price objective on shares of 21529 (ISC.V) from C$38.00 to C$39.00 in a research note on Thursday, November 6th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of C$42.13.

21529 (ISC.V) Price Performance

21529 has a 1-year low of C$2.10 and a 1-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).