In a report released yesterday, John Gibson from BMO Capital maintained a Buy rating on Trican Well Service (TOLWF – Research Report), with a price target of $4.50. The company’s shares closed yesterday at $2.18.
According to TipRanks, Gibson is a 5-star analyst with an average return of 19.5% and a 52.00% success rate.
Currently, the analyst consensus on Trican Well Service is a Strong Buy with an average price target of $4.34.
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TOLWF market cap is currently $507.1M and has a P/E ratio of 8.65.
Based on the recent corporate insider activity of 10 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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