Trican Well Service Ltd (TCW) Receives C$6.36 Consensus PT from Analysts

Trican Well Service Ltd (TSE:TCW) has earned an average recommendation of “Buy” from the fourteen analysts that are presently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is C$6.36.

Several analysts have recently commented on TCW shares. CIBC raised their price target on Trican Well Service from C$5.75 to C$6.25 in a report on Friday, October 20th. National Bank Financial lifted their price objective on Trican Well Service from C$5.50 to C$6.00 and gave the stock an “outperform” rating in a report on Tuesday, September 5th. GMP Securities lifted their price objective on Trican Well Service from C$5.00 to C$7.00 in a report on Wednesday, September 20th. J P Morgan Chase & Co lifted their price objective on Trican Well Service from C$5.00 to C$6.00 and gave the stock a “neutral” rating in a report on Friday, November 3rd. Finally, TD Securities cut Trican Well Service from a “buy” rating to a “hold” rating and reduced their price objective for the stock from C$6.00 to C$5.50 in a report on Wednesday.

In other Trican Well Service news, insider Etienne Poulin sold 9,867 shares of the firm’s stock in a transaction on Wednesday, September 20th. The stock was sold at an average price of C$4.18, for a total transaction of C$41,244.06. Also, insider David R. Jones sold 50,000 shares of the firm’s stock in a transaction on Thursday, October 5th. The stock was sold at an average price of C$4.59, for a total value of C$229,500.00.

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Trican Well Service (TSE TCW) traded up C$0.15 on Thursday, hitting C$4.66. The stock had a trading volume of 840,800 shares, compared to its average volume of 1,981,809. Trican Well Service has a 1-year low of C$3.07 and a 1-year high of C$5.59.

Trican Well Service Company Profile

Trican Well Service Ltd. is a Canada-based oilfield services company. The Company provides an array of specialized products, equipment, services and technology for use in the drilling, completion, stimulation and reworking of oil and gas wells in Canada, the United States, Kazakhstan, Russia and Norway, as well as limited operations in Saudi Arabia and Colombia.

Analyst Recommendations for Trican Well Service (TSE:TCW)

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