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Trican Well Service (TCW) Gets a Hold Rating from Scotiabank


Yesterday, an analyst has provided a rating update for the Materials sector company, Trican Well Service (TCW). Analyst Vladislav Vlad from Scotiabank remains neutral on the stock and has a C$2.75 price target.

Vlad has an average return of 45.7% when recommending Trican Well Service.

According to TipRanks.com, Vlad is ranked #1286 out of 4912 analysts.

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Trican Well Service has an analyst consensus of Moderate Buy, with a price target consensus of C$3.18.

Trican Well Service’s market cap is currently C$519.2M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.48.

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 Thursday at C$1.59, close to its 52-week low of C$1.54.