Western Energy Services: Stocks Overvalued by Analyst Consensus on TSX (WRG)
Western Energy Services Corp is among the group of overvalued stocks on the Toronto Stock Exchange. This means the consensus value for each stock on this list is below its current price.
This report is generated monthly. It provides the close price and target price for these companies along with the number of analysts covering the stock. Also included is the fiscal year for the target price as sometimes these analyst targets are not for the current or even the next fiscal year. Stocks in this category are generally sold to preserve capital.
There may be a number of reasons why a company would be on this list. Companies with a large analyst following with a difference in price versus target are worth exploring in more detail.
| Symbol | Name | Target Year | Close Price | Target Price Mean | Currency | Target Price # Estimates |
|---|---|---|---|---|---|---|
| CTC | Canadian Tire Corp Ltd | 2024 | 266.5 | 180.25 | CAD | 8 |
| WEED | Canopy Growth Corp | 2024 | 0.77 | 0.5667 | CAD | 3 |
| HEO | H2O Innovation Inc | 2024 | 4.21 | 4.1389 | CAD | 9 |
| PNC-A | Postmedia Network Canada Corp | 2024 | 1.3 | 0.2 | CAD | 1 |
| PNC-B | Postmedia Network Canada Corp | 2024 | 1.4 | 0.2 | CAD | 1 |
| CPH | Cipher Pharmaceuticals Inc | 2024 | 4.39 | 4.375 | CAD | 2 |
| WRG | Western Energy Services Corp | 2024 | 3.27 | 3.25 | CAD | 2 |
| TVA-B | TVA Group Inc | 2024 | 1.45 | 0.7 | CAD | 1 |
| AKU-U | Akumin Inc | 2024 | 2.9 | 0.3702 | CAD | 1 |
All data provided as of November 02, 2023.
More about Western Energy Services Corp
Western Energy Services Corp operates as an oilfield service industry in Canada and the United States of America. The company functions its drilling services through two segments namely, Contract drilling and Production services. Its contract drilling segment is involved in drilling rigs with ancillary equipment as well as provides such services to crude oil and natural gas exploration and production companies.
Western Energy Services Corp is listed under WRG on the Toronto Stock Exchange.
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