Shares of Keane Group Inc (NASDAQ:FRAC) have been assigned a consensus rating of “Hold” from the twenty-one research firms that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and eleven have assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $20.68.

A number of analysts have weighed in on FRAC shares. Piper Jaffray Companies reissued a “buy” rating and issued a $16.15 price target (down from $17.00) on shares of Keane Group in a report on Wednesday, July 12th. Capital One Financial Corporation reissued an “overweight” rating on shares of Keane Group in a report on Thursday, July 27th. Scotiabank set a $21.00 price target on shares of Keane Group and gave the company a “hold” rating in a report on Tuesday, August 1st. Citigroup Inc. downgraded shares of Keane Group from a “buy” rating to a “neutral” rating and reduced their price target for the company from $19.00 to $14.00 in a report on Wednesday, August 30th. Finally, J P Morgan Chase & Co increased their price target on shares of Keane Group from $22.00 to $23.00 and gave the company an “overweight” rating in a report on Tuesday, September 12th.

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Keane Group (NASDAQ:FRAC) traded up $0.91 during midday trading on Wednesday, hitting $15.73. 711,650 shares of the company traded hands, compared to its average volume of 765,528. Keane Group has a fifty-two week low of $12.42 and a fifty-two week high of $22.93.

Keane Group (NASDAQ:FRAC) last issued its quarterly earnings results on Wednesday, November 1st. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.12). Keane Group had a negative net margin of 3.68% and a negative return on equity of 14.38%. The company had revenue of $477.30 million during the quarter, compared to the consensus estimate of $493.40 million. Keane Group’s revenue was up 47.7% on a year-over-year basis.

Several large investors have recently added to or reduced their stakes in FRAC. Janus Henderson Group PLC lifted its holdings in shares of Keane Group by 4,762.9% during the 2nd quarter. Janus Henderson Group PLC now owns 4,250,092 shares of the company’s stock worth $68,001,000 after acquiring an additional 4,162,694 shares during the period. Vanguard Group Inc. bought a new position in shares of Keane Group during the 1st quarter worth about $31,906,000. State Street Corp lifted its holdings in shares of Keane Group by 153.4% during the 2nd quarter. State Street Corp now owns 1,111,267 shares of the company’s stock worth $17,782,000 after acquiring an additional 672,659 shares during the period. Precocity Capital LP bought a new position in shares of Keane Group during the 2nd quarter worth about $8,000,000. Finally, FMR LLC bought a new position in shares of Keane Group during the 1st quarter worth about $6,308,000.

About Keane Group

Keane Group, Inc is provider of integrated well completion services in the United States, with a focus on demanding completion solutions. The Company’s segments include Completion Services, which comprises hydraulic fracturing and wireline divisions, and Other Services, which consists of coiled tubing, cementing and drilling divisions.

Analyst Recommendations for Keane Group (NASDAQ:FRAC)

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