Trican Well Service (TCW), the Materials sector company, was revisited by a Wall Street analyst yesterday. The company received a Hold rating from TD Securities’ analyst Aaron Macneil, with a C$1.40 price target.
According to TipRanks.com, Macneil is ranked #4792 out of 5120 analysts.
Trican Well Service has an analyst consensus of Hold, with a price target consensus of C$2.15, representing a 62.9% upside. In a report released yesterday, RBC Capital also reiterated a Hold rating on the stock with a C$2 price target.
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Trican Well Service’s market cap is currently C$413.3M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.40.
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.
The company’s shares closed on Monday at C$1.32, close to its 52-week low of C$0.96.
