BMO Capital Markets upgraded shares of Trican Well Service (OTCMKTS:TOLWF) from a market perform rating to an outperform rating in a research note released on Monday, The Fly reports.
Other analysts have also issued research reports about the stock. Royal Bank of Canada increased their price target on shares of Trican Well Service from $1.25 to $1.50 and gave the stock a sector perform rating in a research report on Monday, November 9th. TD Securities increased their price target on shares of Trican Well Service from $1.30 to $1.40 and gave the stock a hold rating in a research report on Monday, November 9th. Five research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of Buy and an average target price of $1.25.
OTCMKTS TOLWF opened at $1.41 on Monday. The firm’s 50 day simple moving average is $1.21 and its 200 day simple moving average is $0.92. Trican Well Service has a 1 year low of $0.28 and a 1 year high of $1.41.
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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