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PI Financial announced Trican Well Service (TSE:TCW), dropping its stock price target to $6.00 today

Just yesterday Trican Well Service (TSE:TCW) traded -2.10% lower at $4.00. Trican Well Service’s 50-day moving average is $4.05 and its 200-day moving average is $3.88. The last stock price is up 20.09% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 1,044,302 shares of TCW traded hands, down from an average trading volume of 2,350,490

In a report released on Thursday June 08, 2017 PI Financial reduced the stock price target of Trican Well Service (TSE:TCW) from $6.25 to $6.00 reporting a possible upside of 0.5%.

Previously on 06/05/2017, RBC Capital Markets released a statement about Trican Well Service (TSE:TCW) increased the target price from $0.00 to $7.00. At the time, this indicated a possible upside of 0.73%.

Recent Performance Chart

Trican Well Service (TSE:TCW)

Trican Well Service has 52 week low of $2.72 and a 52 week high of $5.59 and has a market cap of $0.

In addition to PI Financial reporting its target price, a total of 17 firms have reported on the stock. The consensus target price is $4.13 with two analysts rating the company a strong buy, ten analysts rating the company a buy, seven analysts rating the company a hold, zero analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.

Brief Synopsis About Trican Well Service (TSE:TCW)

Trican Well Service Ltd. is a Canada-based oilfield services company. The Company provides an array of specialized products, equipment, services and technology for use in the drilling, completion, stimulation and reworking of oil and gas wells in Canada, the United States, Kazakhstan, Russia and Norway, as well as limited operations in Saudi Arabia and Colombia. The Company operates through three divisions: Canada, the United States and International. The Canadian operations provide cementing, fracturing, coiled tubing, nitrogen, geological, acidizing, reservoir management, industrial cleaning and pipeline, and completion systems and downhole tool services. The United States operations provide cementing, fracturing, coiled tubing, nitrogen, acidizing and completion systems and downhole tool services. The International operations provide cementing, fracturing, coiled tubing, acidizing, nitrogen, and completion systems and downhole tool services.

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