Top25-SA-Banner

Raymond James Thinks Trican Well Service Ltd’s Stock is Going to Recover


According to The Fly, in a report released today, Andrew Bradford from Raymond James maintained a Buy rating on Trican Well Service Ltd (TOLWF). The company’s shares opened today at $1.31, close to its 52-week low of $1.22.

According to TipRanks.com, Bradford is ranked #4085 out of 4918 analysts.

The the analyst consensus on Trican Well Service Ltd is currently a Moderate Buy rating.

See today’s analyst top recommended stocks >>

Based on Trican Well Service Ltd’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $26.48 million. In comparison, last year the company had a net profit of $37.45 million.

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, and services used during the exploration and development of oil and natural gas reserves. It services include acidizing and production enhancement, carbon dioxide, cementing, coiled tubing, fracturing, geological, completion systems and downhole tool services, nitrogen and industrial services. The company was founded on April 11, 1979 and is headquartered in Calgary, Canada.