21529 (ISC.V) (CVE:ISC) Price Target Cut to C$32.00 by Analysts at CIBC

21529 (ISC.V) (CVE:ISC) had its price objective reduced by CIBC from C$35.00 to C$32.00 in a research report released on Wednesday,BayStreet.CA reports. CIBC currently has an outperform rating on the stock.

Other analysts have also recently issued research reports about the stock. Raymond James lowered their price objective on shares of 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. Royal Bank of Canada lowered 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 report on Wednesday.

21529 (ISC.V) Price Performance

21529 has a twelve month low of C$2.10 and a twelve 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.