Royal Bank Of Canada Forecasts Strong Price Appreciation for 21529 (ISC.V) (CVE:ISC) Stock

21529 (ISC.V) (CVE:ISC) had its price target boosted by stock analysts at Royal Bank Of Canada from C$39.00 to C$51.00 in a note issued to investors on Wednesday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock.

ISC has been the topic of several other reports. Acumen Capital raised their target price on 21529 (ISC.V) from C$40.00 to C$48.50 in a research report on Monday, February 9th. ATB Cormark Capital Markets cut 21529 (ISC.V) from an “outperform” rating to a “tender” rating and lowered their price objective for the company from C$55.00 to C$51.00 in a research report on Wednesday, May 20th. Finally, Raymond James Financial cut 21529 (ISC.V) from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from C$53.00 to C$51.00 in a research report on Wednesday, May 20th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of C$50.10.

21529 (ISC.V) Stock Performance

21529 has a twelve month low of C$2.10 and a twelve month high of C$3.04.

About 21529 (ISC.V)

IROC Energy Services Corp. (IROC Energy) is an oilfield services company. As of December 31, 2011, IROC Energy operated in two segments: the Drilling and Production Services segment and Rental Services segment. The Drilling and Production Services segment carries on business in Western Canada through the Eagle Well Servicing (Eagle) and Helix Coil Services (Helix) divisions. Aero Rental Services (Aero), its rentals division, offers a range of rental equipment to the oil and gas industry. Through the IROC Energy Services Partnership (the IROC Partnership), the Company provides products, services and equipment to the oil and gas industry in the Western Canadian Sedimentary Basin (WCSB).