Today, an analyst has provided a rating update for CWC Energy Services (CWC). Analyst Ian Gillies from GMP FirstEnergy remains neutral on the stock and has a C$0.15 price target.
According to TipRanks.com, Gillies is ranked 0 out of 5 stars with an average return of -11.1% and a 30.6% success rate. Gillies covers the Basic Materials sector, focusing on stocks such as Trican Well Service Ltd, Precision Drilling, and Inter Pipeline Ltd.
The word on The Street in general, suggests a Hold analyst consensus rating for CWC Energy Services.
CWC Energy Services’ market cap is currently C$72.68M and has a P/E ratio of 6.8. The company has a Price to Book ratio of 0.39.
CWC Energy Services Corp. engages in the business of drilling and well services in the Western Canadian Sedimentary Basin. It operates through the Contract Drilling and Production Services segments. The Contract Drilling segment provides drilling rigs and auxiliary equipment to oil and gas exploration and production companies.
The company’s shares closed on Tuesday at C$0.14.
