CIBC Has Lowered Expectations for 21529 (ISC.V) (CVE:ISC) Stock Price

21529 (ISC.V) (CVE:ISC) had its target price decreased by stock analysts at CIBC from C$35.00 to C$32.00 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock.

Several other research analysts have also recently weighed in on the company. Royal Bank of Canada reduced their price target on 21529 (ISC.V) from C$30.00 to C$28.00 and set a “sector perform” rating for the company in a research report on Wednesday. Raymond James reduced their price target on 21529 (ISC.V) from C$36.00 to C$34.00 and set an “outperform” rating for the company in a research report on Wednesday.

21529 (ISC.V) Stock Performance

21529 has a 12 month low of C$2.10 and a 12 month high of C$3.04.

21529 (ISC.V) Company Profile

IROC Energy Services Corp. (IROC Energy) is an oilfield services company. As of December 31, 2011, IROC Energy operated in two segments: the Drilling and Production Services segment and Rental Services segment. The Drilling and Production Services segment carries on business in Western Canada through the Eagle Well Servicing (Eagle) and Helix Coil Services (Helix) divisions.