CIBC Cuts 21529 (ISC.V) (CVE:ISC) Price Target to C$32.00

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

Other equities analysts have also issued research reports about the company. Royal Bank of Canada decreased their price target on 21529 (ISC.V) from C$30.00 to C$28.00 and set a “sector perform” rating on the stock in a research note on Wednesday. Raymond James decreased their price target on 21529 (ISC.V) from C$36.00 to C$34.00 and set an “outperform” rating on the stock in a research note 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.

About 21529 (ISC.V)

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.