21529 (ISC.V) (CVE:ISC) Given New C$49.00 Price Target at CIBC

21529 (ISC.V) (CVE:ISCFree Report) had its target price boosted by CIBC from C$37.00 to C$49.00 in a report released on Wednesday morning,BayStreet.CA reports.

Separately, Raymond James Financial upped their target price on 21529 (ISC.V) from C$38.00 to C$39.00 in a research note on Thursday, November 6th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of C$40.00.

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21529 (ISC.V) Stock Performance

21529 has a 52-week low of C$2.10 and a 52-week high of C$3.04.

21529 (ISC.V) Company Profile

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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).

Further Reading

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