RBC Capital Sticks to Its Buy Rating for Trican Well Service (TOLWF)
In a report released yesterday, Keith Mackey from RBC Capital maintained a Buy rating on Trican Well Service (TOLWF – Research Report), with a price target of C$6.00. The company's shares closed yesterday at $3.27.
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According to TipRanks, Mackey is a 5-star analyst with an average return of 16.9% and a 56.70% success rate. Mackey covers the Energy sector, focusing on stocks such as Baker Hughes Company, Patterson-UTI, and Atlas Energy Solutions.
Currently, the analyst consensus on Trican Well Service is a Moderate Buy with an average price target of $3.89.
The company has a one-year high of $3.85 and a one-year low of $2.60. Currently, Trican Well Service has an average volume of 39.66K.
Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TOLWF in relation to earlier this year.
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