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Trican Well Service Ltd T.TCW

Alternate Symbol(s):  TOLWF

Trican Well Service Ltd. is a Canada-based oilfield services company. The Company supplies oil and natural gas well servicing equipment and solutions to its customers through the drilling, completion and production cycles. Its services include hydraulic fracturing, cementing, acidizing, coiled tubing and technical solutions. Its cementing solutions combine equipment, quality cement blends and ongoing research and development. Cementing solutions include pre-flushes and spacers, surface cementing, intermediate cementing, liner cementing, cement plugs and others. The coiled tubing includes milling, coiled tubing fracturing, E-Coil and others. It provides equipment, engineering support, reservoir expertise and laboratory services through the delivery of hydraulic fracturing, cementing, coiled tubing, nitrogen services and chemical sales for the oil and gas industry in Western Canada. Its milling services include fracturing plugs, fracturing ports, stage tool/debris sub and others.


TSX:TCW - Post by User

Bullboard Posts
Post by Whiskeytimeon Mar 02, 2017 8:29am
123 Views
Post# 25917693

Scotiabank Reiterates “Outperform” Rating

Scotiabank Reiterates “Outperform” Rating

Scotiabank Reiterates “Outperform” Rating for Trican Well Service Ltd (TCW)

Scotiabank reiterated their outperform rating on shares of Trican Well Service Ltd (TSE:TCW) in a research report report published on Friday. Scotiabank currently has a C$7.00 target price on the stock.

A number of other research firms also recently commented on TCW. National Bank Financial upped their price objective on shares of Trican Well Service from C$7.00 to C$7.50 and gave the company an outperform rating in a research note on Thursday, February 23rd. CIBC upped their price objective on shares of Trican Well Service from C$5.75 to C$6.75 in a research note on Friday, February 24th. AltaCorp Capital downgraded shares of Trican Well Service from an outperform rating to a sector perform rating in a research note on Monday, January 9th. Canaccord Genuity upped their price objective on shares of Trican Well Service from C$5.00 to C$6.50 in a research note on Tuesday, January 10th. Finally, Raymond James Financial, Inc. upped their price objective on shares of Trican Well Service from C$4.00 to C$6.15 in a research note on Tuesday, January 10th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company has a consensus rating of Buy and a consensus target price of C$5.53.

Analyst Recommendations for Trican Well Service (TSE:TCW)

Shares of Trican Well Service (TSE:TCW) opened at 4.75 on Friday. Trican Well Service has a one year low of $1.06 and a one year high of $5.59. The firm’s market cap is $918.20 million. The company has a 50-day moving average of $5.09 and a 200 day moving average of $3.62.


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