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Trican Well Service (TSE:TCW) target price raised to $3.50, reported today by Scotia Capital

Boasting a price of $2.27, Trican Well Service (TSE:TCW) traded 0.45% higher on the day. With the last stock price up 18.07% from the 200-day average, compared with the S&P 500 which has decreased -0.01% over the same time. TCW has recorded a 50-day moving average of $2.19 and 200-day average of $1.87. Trading volume was was down over the average, with 798,954 shares of TCW changing hands under the typical 1,150,120 shares.

Scotia Capital bumped the estimated target of Trican Well Service (TSE:TCW) to $4, indicating a possible upside of 0.54%,

Previously on Wednesday June 22 2016, RBC Capital Markets released a statement on Trican Well Service(TSE:TCW) raised the target price from $2.00 to $5.00. At the time, this indicated a possible upside of 1.18%.

Recent Performance Graph:

Trican Well Service (TSE:TCW)

A total of 16 firms have released a ratings update on TCW. Zero rate the company a strong buy, 0 rate the company a buy, 0 firms rate the stock a hold, 0 rate the company to underperform, and finally 0 brokeragesrate the company as sell with a one year target price of $2.43

Trican Well Service has a one-year low of $0.34 and a 52 week high of $2.77. Trican Well Service’s total market value is currently $0.0.

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 and completion systems and downhole tool services.

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