Scotiabank downgraded shares of Shawcor (OTCMKTS:SAWLF) from a sector perform rating to an underperform rating in a research note published on Tuesday morning, The Fly reports.
OTCMKTS:SAWLF opened at $14.05 on Tuesday.
Shawcor Company Profile
Shawcor Ltd., an energy services company, provides products and services for the pipeline, pipe services, petrochemical, and industrial segments of the energy industry in North America, Latin America, Europe, the Middle East, Africa, Russia, and the Asia Pacific. The company operates through two segments, Pipeline and Pipe Services, and Petrochemical and Industrial.
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