Trican Well Service (TSE:TCW) PT Raised to C$3.25 at BMO Capital Markets

Trican Well Service (TSE:TCW) had its price target raised by BMO Capital Markets from C$3.00 to C$3.25 in a report issued on Thursday, Price Targets.com reports. They currently have a na rating on the stock.

A number of other equities research analysts have also recently commented on TCW. ATB Capital raised their target price on Trican Well Service from C$2.50 to C$2.75 and gave the company a na rating in a research report on Friday, May 14th. Royal Bank of Canada boosted their price objective on Trican Well Service from C$2.50 to C$2.75 and gave the company a sector perform rating in a research report on Friday, May 14th. National Bankshares increased their target price on Trican Well Service from C$2.25 to C$2.75 and gave the company a sector perform rating in a research report on Thursday, May 13th. National Bank Financial lifted their price target on shares of Trican Well Service to C$2.75 and gave the company a sector perform rating in a research note on Friday, May 14th. Finally, Raymond James upped their price objective on shares of Trican Well Service from C$3.05 to C$3.25 and gave the stock a strong-buy rating in a research report on Monday. Four equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of Buy and an average target price of C$2.33.

Shares of TSE TCW opened at C$2.64 on Thursday. The company has a quick ratio of 1.99, a current ratio of 2.30 and a debt-to-equity ratio of 2.56. The firm has a market cap of C$673.75 million and a PE ratio of -9.33. The stock’s 50 day moving average price is C$2.21. Trican Well Service has a 12 month low of C$0.79 and a 12 month high of C$2.74.

Trican Well Service (TSE:TCW) last announced its quarterly earnings results on Wednesday, May 12th. The company reported C$0.01 earnings per share (EPS) for the quarter. The firm had revenue of C$147.99 million for the quarter, compared to analysts’ expectations of C$149.70 million. On average, equities analysts forecast that Trican Well Service will post 0.03 EPS for the current year.

Trican Well Service Company Profile

Trican Well Service Ltd., an equipment services company, provides various specialized products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells primarily in Canada. The company offers cementing solutions, including pre-flushes and spacers, cement plugs, lost circulation, cement design solutions, and laboratory solutions, as well as surface, intermediate, production, liner, horizontal, and remedial/squeeze cementing services; and cement pumpers, bulk equipment, and cement auxiliary equipment.

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Analyst Recommendations for Trican Well Service (TSE:TCW)

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