Shares of Western Energy Services (WRG) were revisited by a Wall Street analyst today. Analyst Anthony Petrucci from Canaccord Genuity rated Western Energy Services (WRG) a Hold, setting a C$0.40 price target.
According to TipRanks.com, Petrucci has 0 stars on 0-5 star ranking scale with an average return of -20.3% and a 19.3% success rate. Petrucci covers the Basic Materials sector, focusing on stocks such as Essential Energy Services Ltd, Frontera Energy Corporation, and Tamarack Valley Energy Ltd.
Currently, the analyst consensus on Western Energy Services is a Hold with an average price target of C$0.56.
Western Energy Services’ market cap is currently C$34.61M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.10.
Western Energy Services Corp. is an oilfield service company, which engages in the provision of contract drilling services. It operates through the Contract Drilling, and Production Services segments. The Contract Drilling segment includes drilling rigs along with related equipment.
The company’s shares closed on Wednesday at C$0.37, close to its 52-week low of C$0.34.
