Shares of Trican Well Service Ltd. (OTCMKTS:TOLWF – Get Rating) have earned a consensus rating of “Buy” from the eight analysts that are presently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a buy rating. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $4.71.
TOLWF has been the topic of a number of research reports. TD Securities lifted their price objective on Trican Well Service from C$3.75 to C$4.25 in a research note on Thursday, May 12th. Royal Bank of Canada lifted their price objective on Trican Well Service from C$5.50 to C$6.00 in a research note on Monday, May 16th. National Bank Financial raised Trican Well Service from a “sector perform” rating to an “outperform” rating in a research note on Sunday, April 24th. Finally, Canaccord Genuity Group lifted their price objective on Trican Well Service from C$4.50 to C$5.50 in a research note on Friday, April 22nd.
Shares of Trican Well Service stock opened at $2.90 on Wednesday. The stock has a 50 day moving average of $3.34 and a 200 day moving average of $2.91. Trican Well Service has a 12 month low of $1.65 and a 12 month high of $3.91.
About Trican Well Service (Get Rating)
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 in Canada. The company offers cementing solutions, including pre-flushes and spacers, cement plugs, lost circulation, cement design, 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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