RBC Capital analyst Keith Mackey maintained a Buy rating on Trican Well Service (TOLWF – Research Report) on April 13 and set a price target of C$6.00. The company’s shares closed yesterday at $2.37.
According to TipRanks, Mackey is a 5-star analyst with an average return of 22.9% and a 58.82% success rate. Mackey covers the Industrial Goods sector, focusing on stocks such as Baker Hughes Company, Halliburton, and Helmerich & Payne.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Trican Well Service with a $4.41 average price target.
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TOLWF market cap is currently $541.3M and has a P/E ratio of 9.28.
Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TOLWF in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Trican Well Service Ltd. engages in the provision of products, equipment, services, and technology used in drilling, completion, stimulation, and reworking of oil and gas wells primarily through its continuing pressure pumping operations in Canada. The company was founded on April 11, 1979 and is headquartered in Calgary, Canada.
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