Stifel Nicolaus Boosts ProFrac (NASDAQ:PFHC) Price Target to $27.00

ProFrac (NASDAQ:PFHCGet Rating) had its target price lifted by Stifel Nicolaus from $24.00 to $27.00 in a research note released on Tuesday morning, The Fly reports.

PFHC has been the topic of a number of other reports. Seaport Res Ptn reissued a buy rating on shares of ProFrac in a research report on Tuesday, June 7th. Piper Sandler assumed coverage on ProFrac in a research report on Tuesday, June 7th. They issued an overweight rating and a $31.50 price objective on the stock. JPMorgan Chase & Co. assumed coverage on ProFrac in a research report on Tuesday, June 7th. They issued an overweight rating and a $25.00 price objective on the stock. Bank of America assumed coverage on ProFrac in a research report on Friday, June 10th. They issued a buy rating and a $26.00 price objective on the stock. Finally, Morgan Stanley assumed coverage on ProFrac in a research report on Tuesday, June 7th. They issued an overweight rating and a $30.00 price objective on the stock. Seven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has an average rating of Buy and an average target price of $28.42.

Shares of PFHC opened at $18.31 on Tuesday. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.02 and a quick ratio of 0.72. ProFrac has a 52 week low of $16.75 and a 52 week high of $23.62.

ProFrac Company Profile (Get Rating)

ProFrac Holding Corp., a vertically integrated and energy services company, provides hydraulic fracturing, completion, and other complementary products and services to upstream oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources.

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