A Wall Street analyst has provided a review for the Materials company today, but retained the same rating on the stock. Analyst Kurt Hallead from RBC Capital rated Trican Well Service (TCW) a Hold, setting a C$2 price target.
According to TipRanks.com, Hallead has 0 stars on 0-5 star ranking scale with an average return of -6.0% and a 36.0% success rate. Hallead covers the Basic Materials sector, focusing on stocks such as Diamond Offshore Drilling, Trican Well Service Ltd, and Frank’s International.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Trican Well Service with a C$2.08 average price target.
The company has a one-year high of C$3.79 and a one-year low of C$0.96. Currently, Trican Well Service has an average volume of 2.3M.
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 Tuesday at C$1.46.
