TD/CIBC Raise TCW Price Target to $25Wow …this I an unbelievably quiet board for a stock that has been doing so extraordinarily well.
Have had a really good run with TCW…which has seriously outperformed my other driller holdings PD, TDG and more recently added ESN. Checked in on the board couple days ago ...for first time....as was considering taking some profits and moving them into maybe TDG…which pays a much higher dividend and figured was due for a bit of a comeback. But now I note TCW record earnings report the other day have got all the big analyst/houses all lathered up…and they’ve all gone and significantly increased their target prices on her!!! ....Sweet!!!
Still thinking about moving a bit more money into TDG….but will have to find the money elsewhere….as looks like TCW still has legs ...so will not be sellin this baby any time soon :)
TD and CIBC each issued Buy/Outperform ratings on TCW and both have increased Trican price target to $25!
“Trican Well Service Ltd. (TCW-T) C$18.68 .. 104
BUY (Unchanged);Target: C$25.00 (Prior: C$19.00)
TCW-T: Demand Expected to Justify Build. Target Raised.”
Happy investing and GLTA longs!