Raymond James lowered shares of Calfrac Well Services (OTCMKTS:CFWFF) from an outperform rating to a market perform rating in a research report report published on Monday morning, The Fly reports.
Other analysts have also recently issued research reports about the stock. BMO Capital Markets decreased their price target on shares of Calfrac Well Services from $4.50 to $3.75 and set an underperform rating for the company in a research note on Friday, April 30th. Royal Bank of Canada upgraded shares of Calfrac Well Services from an underperform rating to a sector perform rating in a research note on Monday, February 22nd.
Shares of Calfrac Well Services stock opened at $3.02 on Monday. The firm has a fifty day moving average of $2.87. Calfrac Well Services has a 12-month low of $2.57 and a 12-month high of $13.38.
Calfrac Well Services Ltd., together with its subsidiaries, provides specialized oilfield services in Canada, the United States, Russia, and Argentina. It offers hydraulic fracturing, coiled tubing, cementing, and other well stimulation services, as well as pressure pumping services to oil and natural gas industries.
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