National Bank Financial Lowers High Arctic Energy Services (HWO) Price Target to C$4.50

High Arctic Energy Services (TSE:HWO) had its price objective dropped by investment analysts at National Bank Financial from C$5.25 to C$4.50 in a report issued on Monday. The firm currently has a “sector perform” rating on the stock. National Bank Financial’s price target points to a potential upside of 17.49% from the stock’s current price.

High Arctic Energy Services (TSE:HWO) traded down C$0.09 on Monday, reaching C$3.83. The company had a trading volume of 59,399 shares, compared to its average volume of 71,014. The firm has a market capitalization of $209.14, a PE ratio of 8.51 and a beta of 0.78. High Arctic Energy Services has a 52-week low of C$3.61 and a 52-week high of C$5.83.

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High Arctic Energy Services Company Profile

High Arctic Energy Services Inc is a Canada-based company, which focuses on providing contract drilling, completion services, equipment rental and other oilfield services to the oil and gas industry. The Company operates through providing oilfield services to customers in Canada and Papua New Guinea (PNG) segment.

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