BMO Capital Markets upgraded shares of Trican Well Service (OTCMKTS:TOLWF) from a market perform rating to an outperform rating in a report published on Monday morning, The Fly reports.
TOLWF has been the topic of several other research reports. Royal Bank of Canada boosted their price target on shares of Trican Well Service from $1.25 to $1.50 and gave the company a sector perform rating in a research report on Monday, November 9th. TD Securities boosted their price objective on shares of Trican Well Service from $1.30 to $1.40 and gave the company a hold rating in a research note on Monday, November 9th. Five equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Trican Well Service has an average rating of Buy and a consensus target price of $1.25.
OTCMKTS TOLWF opened at $1.41 on Monday. The company’s 50 day moving average is $1.21 and its 200-day moving average is $0.92. Trican Well Service has a 12-month low of $0.28 and a 12-month high of $1.41.
Trican Well Service Ltd., an equipment 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. The company offers cementing solutions, including pre-flushes and spacers, cement plugs, lost circulation, 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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