Trican Well Service (TSE:TCW - Get Free Report) had its price objective boosted by equities research analysts at BMO Capital Markets from C$5.00 to C$6.00 in a research note issued on Friday,BayStreet.CA reports. The brokerage currently has an "outperform" rating on the stock. BMO Capital Markets' target price indicates a potential upside of 10.50% from the stock's current price.
A number of other research firms have also recently commented on TCW. National Bankshares lifted their price objective on Trican Well Service from C$5.75 to C$6.50 and gave the stock a "sector perform" rating in a research report on Friday. Raymond James Financial raised shares of Trican Well Service from a "market perform" rating to an "outperform" rating and raised their price target for the stock from C$5.00 to C$6.50 in a research note on Friday. TD Securities boosted their price objective on shares of Trican Well Service from C$4.75 to C$5.50 and gave the company a "hold" rating in a research report on Friday. ATB Capital raised their target price on shares of Trican Well Service from C$5.50 to C$6.50 and gave the stock an "outperform" rating in a research report on Friday. Finally, Royal Bank Of Canada lifted their target price on shares of Trican Well Service from C$5.50 to C$6.00 and gave the stock an "outperform" rating in a research note on Thursday, May 22nd. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of C$6.21.
Read Our Latest Research Report on Trican Well Service
Trican Well Service Price Performance
Shares of TCW stock traded up C$0.23 during trading hours on Friday, hitting C$5.43. The company's stock had a trading volume of 899,807 shares, compared to its average volume of 562,595. Trican Well Service has a twelve month low of C$3.69 and a twelve month high of C$5.45. The stock has a market cap of C$1.02 billion, a price-to-earnings ratio of 9.66, a P/E/G ratio of 0.22 and a beta of 1.73. The business has a fifty day moving average of C$4.40 and a 200-day moving average of C$4.57. The company has a current ratio of 2.62, a quick ratio of 1.75 and a debt-to-equity ratio of 5.89.
About Trican Well Service
(
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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 primarily 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.
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