Trican Well Service Ltd (TCW) Receives Average Rating of “Buy” from Analysts
Trican Well Service Ltd (TSE:TCW) has earned a consensus rating of “Buy” from the ten ratings firms that are presently covering the company, Marketbeat reports. Four analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is C$5.28.
Several brokerages have weighed in on TCW. Canaccord Genuity dropped their price objective on Trican Well Service from C$4.50 to C$4.25 in a report on Friday. BMO Capital Markets boosted their price objective on Trican Well Service from C$3.75 to C$4.00 in a report on Friday, May 11th. CIBC dropped their price objective on Trican Well Service from C$5.75 to C$5.50 in a report on Friday, May 11th. GMP Securities set a C$5.25 price objective on Trican Well Service in a report on Friday, May 11th. Finally, TD Securities boosted their price objective on Trican Well Service from C$4.25 to C$4.75 and gave the stock a “buy” rating in a report on Friday, May 11th.
TSE:TCW traded down C$0.07 on Friday, hitting C$2.69. 3,253,300 shares of the stock were exchanged, compared to its average volume of 2,802,615. Trican Well Service has a 52 week low of C$2.62 and a 52 week high of C$5.34.
Trican Well Service Company Profile
Trican Well Service Ltd., an oilfield services company, provides various specialized products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells primarily in Canada. It offers cementing solutions, including pre-flushes and spacers, cement plugs, lost circulation, gas migration prevention, cement design solutions, and laboratory solutions, as well as surface, intermediate, production, liner, horizontal, and remedial/squeeze cementing services; and cement pumpers, bulk equipment, and cement auxiliary equipment.
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