Trican Well Service Ltd (TSE:TCW) – Equities researchers at Piper Jaffray Companies issued their Q1 2021 earnings per share (EPS) estimates for shares of Trican Well Service in a report issued on Sunday, November 10th. Piper Jaffray Companies analyst J. Daniel expects that the company will post earnings per share of ($0.01) for the quarter. Piper Jaffray Companies also issued estimates for Trican Well Service’s Q3 2021 earnings at ($0.02) EPS.
Several other research analysts also recently issued reports on TCW. CIBC dropped their price objective on shares of Trican Well Service from C$1.50 to C$1.25 in a report on Tuesday, October 15th. National Bank Financial dropped their price objective on shares of Trican Well Service from C$1.70 to C$1.50 and set an “outperform” rating on the stock in a report on Wednesday, October 2nd. Raymond James reiterated an “outperform” rating and set a C$1.25 target price on shares of Trican Well Service in a research report on Friday, November 8th. Canaccord Genuity decreased their target price on shares of Trican Well Service from C$1.20 to C$1.00 in a research report on Friday, August 16th. Finally, Royal Bank of Canada lifted their target price on shares of Trican Well Service from C$1.25 to C$1.50 and gave the company a “sector perform” rating in a research report on Friday, November 8th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of C$1.23.
In other Trican Well Service news, insider Sime Armoyan bought 97,500 shares of the firm’s stock in a transaction dated Friday, August 30th. The shares were acquired at an average cost of C$0.93 per share, for a total transaction of C$90,675.00. Following the transaction, the insider now owns 30,097,500 shares in the company, valued at C$27,990,675.
Trican Well Service Company Profile
Trican Well Service Ltd., an oilfield services company, provides various specialized products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells primarily in Canada. It offers cementing solutions, including pre-flushes and spacers, cement plugs, lost circulation, gas migration prevention, cement design solutions, 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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