Shares of Trican Well Service Ltd. (OTCMKTS:TOLWF – Get Rating) have been given a consensus rating of "Buy" by the eight research firms that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a buy recommendation. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $4.81.
A number of equities analysts have recently issued reports on the company. Canaccord Genuity Group cut their price objective on Trican Well Service from C$6.00 to C$5.25 in a report on Friday. TD Securities upped their price objective on Trican Well Service from C$3.75 to C$4.25 in a report on Thursday, May 12th. National Bank Financial upgraded Trican Well Service from a "sector perform" rating to an "outperform" rating in a report on Sunday, April 24th. Royal Bank of Canada upped their price objective on Trican Well Service from C$5.50 to C$6.00 in a report on Monday, May 16th. Finally, BMO Capital Markets upped their price objective on Trican Well Service from C$5.25 to C$5.50 in a report on Wednesday, July 27th.
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Shares of OTCMKTS TOLWF opened at $2.70 on Thursday. The stock's 50-day simple moving average is $2.76 and its two-hundred day simple moving average is $2.98. Trican Well Service has a twelve month low of $1.81 and a twelve 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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