Stating a potential upside of 0.12%, TD Securities bumped down the target of Western Energy Services (TSE:WRG) to $1.40
Previously on 7/31/2017, Western Energy Services reported about Western Energy Services (TSE:WRG) lowered the target price from $1.80 to $1.60 that suggested an upside of 0.11%.
Recent Performance Chart
Western Energy Services has a 52 week low of $1.07 and a 52 week high of $3.52 The company’s market cap is currently $0.
Also covering Western Energy Services's target, a total of 11 equity analysts have released a research note on the company. The average stock price target is $2.50 with 0 analysts rating the company a strong buy, five analysts rating the company a buy, 5 brokers rating the stock a hold, 1 broker rating the company a underperform, and lastly zero equity analysts rating the company a sell.
About Western Energy Services (TSE:WRG)
Western Energy Services Corp. is a Canada-based oilfield service company. The Company is focused on three core business lines: contract drilling, well servicing and oilfield rental equipment services. It operates in the oilfield service industry through its contract drilling segment in Canada and the United States, and through its production services segment in Canada. The Contract drilling segment includes drilling rigs along with related ancillary equipment and provides services to oil and natural gas exploration and production companies. The Production services includes well servicing rigs and related equipment, as well as oilfield rental equipment and provides services to oil and natural gas exploration and production companies and in the case of oilfield rental equipment, to other oilfield service companies as well. It provides contract drilling services through its division, Horizon Drilling in Canada, and its subsidiary, Stoneham Drilling Corporation, in the United States.
The post A statement released earlier today by TD Securities about Western Energy Services (TSE:WRG) drops the target price to $1.40 appeared first on Octafinance.