Trade Report: The Calfrac Well Services Ltd. (CFW) Price Target Increased to C$3.50 by Analysts at Canaccord Genuity

The Calfrac Well Services Ltd. (CFW) Price Target Increased to C$3.50 by Analysts at Canaccord Genuity

Calfrac Well Services Ltd. (TSE:CFW) had its price objective hoisted by Canaccord Genuity from C$3.25 to C$3.50 in a research report report published on Thursday morning.

Other research analysts also recently issued research reports about the company. Evercore Partners Inc. raised their price objective on Calfrac Well Services from C$2.50 to C$4.00 in a research note on Wednesday, June 29th. Evercore ISI raised their price objective on Calfrac Well Services from C$2.50 to C$4.00 in a research note on Wednesday, June 29th. CIBC raised their price objective on Calfrac Well Services from C$3.50 to C$4.50 in a research note on Wednesday, July 20th. Raymond James Financial Inc. decreased their price objective on Calfrac Well Services from C$5.70 to C$5.50 in a research note on Friday, October 7th. Finally, TD Securities decreased their price objective on Calfrac Well Services from C$3.75 to C$2.75 and set a hold rating on the stock in a research note on Friday, July 29th. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company’s stock. Calfrac Well Services has an average rating of Hold and a consensus price target of C$3.65.

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

Related posts

Leave a Comment