Trican Well Service (OTCMKTS:TOLWF) Price Target Raised to C$3.70 at Raymond James

Trican Well Service (OTCMKTS:TOLWF) had its price target lifted by Raymond James from C$3.50 to C$3.70 in a research note published on Tuesday, The Fly reports. The firm currently has a strong-buy rating on the stock.

Other research analysts have also issued reports about the company. Canaccord Genuity lowered their price objective on Trican Well Service from C$3.00 to C$2.75 and set a hold rating for the company in a research report on Tuesday, August 24th. National Bank Financial raised their price target on Trican Well Service from C$3.25 to C$3.50 and gave the stock a sector perform rating in a research report on Thursday, July 29th. Royal Bank of Canada upgraded Trican Well Service from a sector perform rating to an outperform rating in a research report on Wednesday, September 8th. TD Securities raised their price target on Trican Well Service from C$2.75 to C$3.00 and gave the stock a hold rating in a research report on Thursday, July 29th. Finally, BMO Capital Markets raised their price target on Trican Well Service from C$3.25 to C$3.50 and gave the stock an outperform rating in a research report on Wednesday, July 28th. Three analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Trican Well Service has a consensus rating of Buy and a consensus price target of $3.31.

Shares of Trican Well Service stock opened at $2.08 on Tuesday. Trican Well Service has a fifty-two week low of $0.72 and a fifty-two week high of $2.29. The stock has a 50 day moving average of $2.05 and a 200 day moving average of $1.90.

About Trican Well Service

Trican Well Service Ltd. engages in the provision of products, equipment, services, and technology used in drilling, completion, stimulation, and reworking of oil and gas wells primarily through its continuing pressure pumping operations in Canada. The company was founded on April 11, 1979 and is headquartered in Calgary, Canada.

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