James Michael Brown Sells 10,000 Shares of Calfrac Well Services Ltd (CFW) Stock

Calfrac Well Services Ltd (TSE:CFW) insider James Michael Brown sold 10,000 shares of the company’s stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of C$3.98, for a total transaction of C$39,800.00.

Shares of Calfrac Well Services Ltd (TSE:CFW) traded up C$0.10 on Friday, hitting C$5.95. The stock had a trading volume of 1,255,894 shares, compared to its average volume of 648,908. Calfrac Well Services Ltd has a one year low of C$2.23 and a one year high of C$6.04.

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Several equities research analysts recently weighed in on CFW shares. National Bank Financial upped their price objective on shares of Calfrac Well Services from C$5.75 to C$6.50 and gave the stock an “outperform” rating in a report on Tuesday, September 5th. Raymond James Financial, Inc. upped their price target on shares of Calfrac Well Services from C$5.85 to C$6.00 and gave the company a “strong-buy” rating in a report on Monday, September 25th. Canaccord Genuity raised shares of Calfrac Well Services from a “hold” rating to a “speculative buy” rating and upped their price target for the company from C$5.50 to C$7.00 in a report on Friday, October 27th. Royal Bank Of Canada upped their price target on shares of Calfrac Well Services from C$5.00 to C$6.00 and gave the company an “outperform” rating in a report on Friday, August 25th. Finally, BMO Capital Markets upped their price target on shares of Calfrac Well Services from C$4.50 to C$6.00 and gave the company a “market perform” rating in a report on Friday, October 27th. Three research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of C$6.23.

Calfrac Well Services Company Profile

Calfrac Well Services Ltd. is a provider of specialized oilfield services. The Company operates through four geographical segments: Canada, the United States, Russia and Latin America. Its services include hydraulic fracturing, coiled tubing, cementing and other well stimulation services. The Canadian segment provides fracturing and coiled tubing services to oil and natural gas exploration and production companies in Alberta, northeast British Columbia, Saskatchewan and southwest Manitoba.

Insider Buying and Selling by Quarter for Calfrac Well Services (TSE:CFW)

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