Calfrac Well Services Ltd. (TSE:CFW) had its price target boosted by Canaccord Genuity from C$3.25 to C$3.50 in a research note released on Thursday morning.

CFW has been the topic of a number of other research reports. Royal Bank Of Canada cut their price objective on shares of Calfrac Well Services from C$4.75 to C$3.75 and set a sector perform rating on the stock in a research report on Tuesday, September 6th. CIBC cut their price objective on shares of Calfrac Well Services from C$10.00 to C$8.00 and set a sector outperform rating on the stock in a research report on Thursday, August 25th. Raymond James Financial Inc. cut their price objective on shares of Calfrac Well Services from C$5.70 to C$5.50 in a research report on Friday, October 7th. National Bank Financial raised shares of Calfrac Well Services from a sector perform market weight rating to an outperfrom under weight rating in a research report on Monday, July 4th. Finally, Evercore ISI boosted their price objective on shares of Calfrac Well Services from C$2.50 to C$4.00 in a research report on Wednesday, June 29th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of C$3.65.

Calfrac Well Services (TSE:CFW) traded down 1.54% during mid-day trading on Thursday, reaching $3.20. 39,034 shares of the company’s stock traded hands. The firm has a 50 day moving average of $2.97 and a 200 day moving average of $2.69. Calfrac Well Services has a 1-year low of $1.06 and a 1-year high of $4.17. The firm’s market cap is $369.85 million.

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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