Raymond James Financial upgraded shares of Trican Well Service (TSE:TCW) from an outperform rating to a strong-buy rating in a report issued on Tuesday. Raymond James Financial currently has C$8.00 price target on the stock.
A number of other equities research analysts also recently weighed in on TCW. Canaccord Genuity reduced their price target on shares of Trican Well Service from C$6.50 to C$6.00 in a research note on Tuesday, February 6th. National Bank Financial raised their price target on shares of Trican Well Service from C$6.00 to C$7.50 and gave the company an outperform rating in a research note on Thursday, November 2nd. CIBC raised their price target on shares of Trican Well Service from C$5.75 to C$6.25 in a research note on Friday, October 20th. BMO Capital Markets raised their price target on shares of Trican Well Service from C$4.50 to C$7.00 in a research note on Friday, November 3rd. Finally, JPMorgan Chase & Co. raised their price target on shares of Trican Well Service from C$5.00 to C$6.00 and gave the company a neutral rating in a research note on Friday, November 3rd. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of Buy and a consensus price target of C$6.61.
Shares of Trican Well Service (TSE TCW) opened at C$3.60 on Tuesday. Trican Well Service has a one year low of C$2.88 and a one year high of C$5.47. The firm has a market cap of $1,220.00, a P/E ratio of 18.00 and a beta of -0.58.
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About Trican Well Service
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.
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