Canyon Services Group Inc. (TSE:FRC) had its target price upped by Canaccord Genuity from C$7.00 to C$7.50 in a report released on Thursday morning.

A number of other research analysts have also recently issued reports on the stock. TD Securities restated a buy rating and set a C$6.50 price objective on shares of Canyon Services Group in a report on Friday, September 9th. BMO Capital Markets boosted their price objective on shares of Canyon Services Group from C$5.00 to C$5.50 and gave the company a market perform rating in a report on Monday, August 8th. FirstEnergy Capital boosted their price objective on shares of Canyon Services Group from C$5.00 to C$6.00 and gave the company a market perform rating in a report on Monday, August 8th. Scotiabank restated a sector perform rating and set a C$6.50 price objective on shares of Canyon Services Group in a report on Monday, August 8th. Finally, CIBC decreased their price objective on shares of Canyon Services Group from C$8.00 to C$7.00 and set a sector outperform rating for the company in a report on Thursday, August 25th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of C$6.27.

Canyon Services Group (TSE:FRC) traded down 0.17% during trading on Thursday, reaching $5.83. 27,600 shares of the company were exchanged. The firm’s market cap is $500.70 million. Canyon Services Group has a 52-week low of $2.85 and a 52-week high of $5.98. The firm has a 50-day moving average of $4.96 and a 200-day moving average of $4.93.

Canyon Services Group Company Profile

Canyon Services Group Inc provides stimulation and fluid management services to oil and gas exploration and production companies operating in the Western Canadian Sedimentary Basin. The Company’s segments include Pressure Pumping Services and Fluid Management Services. Pressure pumping services include hydraulic fracturing, nitrogen fracturing, coiled tubing, chemical stimulation and cementing.

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