Royal Bank Of Canada Lowers Western Energy Services Corp (TSE:WRG) Price Target to C$2.00

Western Energy Services Corp (TSE:WRG) had its price target cut by Royal Bank Of Canada from C$2.50 to C$2.00 in a research report sent to investors on Wednesday, October 18th. They currently have an outperform rating on the stock.

Other equities research analysts have also issued reports about the company. CIBC reduced their price objective on Western Energy Services Corp from C$4.25 to C$3.25 in a research note on Thursday, July 20th. Canaccord Genuity set a C$1.50 price objective on Western Energy Services Corp and gave the company a hold rating in a research report on Monday, September 25th. Finally, Raymond James Financial, Inc. decreased their price objective on shares of Western Energy Services Corp from C$1.85 to C$1.40 and set a market perform rating for the company in a research note on Tuesday, August 22nd. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has an average rating of Buy and a consensus target price of C$2.11.

Shares of Western Energy Services Corp (TSE:WRG) traded up C$0.10 on Wednesday, hitting C$1.32. The stock had a trading volume of 453,040 shares, compared to its average volume of 179,662. Western Energy Services Corp has a 12-month low of C$1.07 and a 12-month high of C$3.52.

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About Western Energy Services Corp

Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. The company operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services. It operates a fleet of 56 drilling rigs and associated equipment, including 51 in Canada and 5 in the United States.

Analyst Recommendations for Western Energy Services Corp (TSE:WRG)

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