GMP Securities Raises Calfrac Well Services (CFW) Price Target to C$9.00

Calfrac Well Services (TSE:CFW) had its price target boosted by GMP Securities from C$8.00 to C$9.00 in a research note released on Friday.

CFW has been the topic of a number of other reports. Canaccord Genuity lowered shares of Calfrac Well Services from a buy rating to a hold rating and dropped their price target for the company from C$6.00 to C$4.75 in a research report on Tuesday, October 16th. National Bank Financial decreased their price objective on shares of Calfrac Well Services from C$7.00 to C$4.85 and set a sector perform rating for the company in a report on Wednesday, September 26th. JPMorgan Chase & Co. downgraded shares of Calfrac Well Services from a neutral rating to an underweight rating in a report on Thursday, October 18th. CIBC decreased their price objective on shares of Calfrac Well Services from C$8.50 to C$6.50 in a report on Tuesday, October 16th. Finally, Raymond James raised their price objective on shares of Calfrac Well Services from C$10.00 to C$10.25 and gave the stock a c$5.74 rating in a report on Wednesday, July 18th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus price target of C$7.41.

CFW opened at C$4.62 on Friday. Calfrac Well Services has a fifty-two week low of C$3.59 and a fifty-two week high of C$8.35.



Calfrac Well Services Company Profile

Calfrac Well Services Ltd., together with its subsidiaries, provides specialized oilfield services in Canada, the United States, the Russian Federation, Mexico, and Argentina. The company offers hydraulic fracturing, coiled tubing, cementing, other well stimulation, and pressure pumping services to oil and natural gas industries.

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Analyst Recommendations for Calfrac Well Services (TSE:CFW)

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