Trican Well Service (OTCMKTS:TOLWF – Get Rating) was upgraded by equities research analysts at National Bank Financial from a “sector perform” rating to an “outperform” rating in a note issued to investors on Sunday, The Fly reports.
A number of other research firms also recently issued reports on TOLWF. Raymond James raised their price objective on shares of Trican Well Service from C$3.85 to C$4.00 in a report on Thursday, February 24th. Canaccord Genuity Group raised their target price on shares of Trican Well Service from C$4.50 to C$5.50 in a research note on Friday. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $4.34.
OTCMKTS TOLWF traded down $0.10 during trading on Friday, hitting $3.38. The company had a trading volume of 54,807 shares, compared to its average volume of 84,732. The company’s fifty day moving average is $2.88 and its 200-day moving average is $2.67. Trican Well Service has a one year low of $1.60 and a one year high of $3.79.
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 in Canada. The company offers cementing solutions, including pre-flushes and spacers, cement plugs, lost circulation, cement design, 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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