A number of other research analysts have also weighed in on CFW. Canaccord Genuity cut their price objective on Calfrac Well Services from C$4.00 to C$3.00 in a research report on Tuesday, July 11th. Scotiabank reiterated a sector perform rating and issued a C$5.00 price target on shares of Calfrac Well Services in a research 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. Calfrac Well Services presently has an average rating of Hold and an average price target of C$4.77.
Calfrac Well Services (TSE CFW) traded up 0.31% during trading on Thursday, hitting $3.28. The stock had a trading volume of 1,113,732 shares. The company has a 50-day moving average of $3.00 and a 200 day moving average of $3.45. Calfrac Well Services has a 52 week low of $2.23 and a 52 week high of $5.34. The company’s market cap is $448.61 million.
COPYRIGHT VIOLATION WARNING: This piece of content was first reported by BBNS and is the sole property of of BBNS. If you are reading this piece of content on another publication, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright legislation. The correct version of this piece of content can be viewed at https://baseballnewssource.com/markets/calfrac-well-services-ltd-tsecfw-pt-lowered-to-c4-00-at-cibc-updated-updated-updated/1251703.html.
In related news, insider Wilks Brothers, Llc purchased 754,300 shares of the firm’s stock in a transaction dated Friday, August 4th. The stock was purchased at an average price of C$3.37 per share, with a total value of C$2,541,991.00.
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.
Receive News & Ratings for Calfrac Well Services Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calfrac Well Services Ltd and related companies with our FREE daily email newsletter.