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

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

A number of other research firms also recently commented on ISC. Raymond James dropped their price objective on 21529 (ISC.V) from C$36.00 to C$34.00 and set an “outperform” rating on the stock in a report on Wednesday. Royal Bank of Canada dropped their price objective on 21529 (ISC.V) from C$30.00 to C$28.00 and set a “sector perform” rating on the stock in a report on Wednesday.

21529 (ISC.V) Price 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.