Calfrac Well Services Ltd (CFW) PT Raised to C$4.00 at GMP Securities
Other analysts also recently issued reports about the stock. CIBC decreased their price objective on shares of Calfrac Well Services from C$5.75 to C$4.00 in a report on Thursday, July 20th. BMO Capital Markets decreased their price objective on shares of Calfrac Well Services from C$5.50 to C$4.50 and set a market perform rating for the company in a report on Thursday. Canaccord Genuity upped their price objective on shares of Calfrac Well Services from C$3.00 to C$4.25 in a report on Thursday. National Bank Financial upped their price objective on shares of Calfrac Well Services from C$4.25 to C$5.75 and gave the stock an outperform rating in a report on Wednesday, July 26th. Finally, Scotiabank reaffirmed a sector perform rating and set a C$5.00 price objective on shares of Calfrac Well Services in a report on Thursday, April 27th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of C$4.77.
Shares of Calfrac Well Services (TSE CFW) opened at 3.48 on Thursday. The company’s 50-day moving average is $2.84 and its 200 day moving average is $3.59. The stock’s market cap is $475.97 million. Calfrac Well Services has a 1-year low of $2.23 and a 1-year high of $5.34.
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Calfrac Well Services Company Profile
Calfrac Well Services Ltd. is a provider of specialized oilfield services. The Company operates through four geographical segments: Canada, the United States, Russia and Latin America. Its services include hydraulic fracturing, coiled tubing, cementing and other well stimulation services. The Canadian segment provides fracturing and coiled tubing services to oil and natural gas exploration and production companies in Alberta, northeast British Columbia, Saskatchewan and southwest Manitoba.
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