Calfrac Well Services Ltd (TSE:CFW) had its price target lifted by TD Securities from C$6.00 to C$7.00 in a report issued on Friday, October 27th. TD Securities currently has a buy rating on the stock.
CFW has been the subject of a number of other reports. Raymond James Financial, Inc. increased their price target on Calfrac Well Services from C$5.85 to C$6.00 and gave the company a strong-buy rating in a research report on Monday, September 25th. Canaccord Genuity decreased their price target on Calfrac Well Services from C$4.00 to C$3.00 in a research report on Tuesday, July 11th. National Bank Financial raised their target price on Calfrac Well Services from C$4.25 to C$5.75 and gave the stock an outperform rating in a research report on Wednesday, July 26th. Royal Bank of Canada raised their target price on Calfrac Well Services from C$6.00 to C$7.00 and gave the stock an outperform rating in a research report on Thursday, October 12th. Finally, CIBC raised their target price on Calfrac Well Services from C$4.50 to C$6.75 in a research report on Friday, October 20th. Three research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Calfrac Well Services currently has an average rating of Buy and an average target price of C$6.23.
Shares of Calfrac Well Services (TSE CFW) opened at C$5.95 on Friday. Calfrac Well Services has a 52-week low of C$2.23 and a 52-week high of C$6.04.
COPYRIGHT VIOLATION NOTICE: “TD Securities Increases Calfrac Well Services Ltd (TSE:CFW) Price Target to C$7.00” was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright law. The original version of this story can be read at https://www.dispatchtribunal.com/2017/11/12/td-securities-boosts-calfrac-well-services-ltd-cfw-price-target-to-c7-00.html.
In other Calfrac Well Services news, insider Dan Wilks acquired 2,094,577 shares of the company’s stock in a transaction that occurred on Wednesday, August 23rd. The stock was bought at an average price of C$3.42 per share, with a total value of C$7,163,453.34. Also, insider James Michael Brown sold 10,000 shares of Calfrac Well Services stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of C$3.98, for a total value of C$39,800.00. Over the last quarter, insiders bought 5,687,677 shares of company stock valued at $21,742,669.
About Calfrac Well Services
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.
Receive News & Ratings for Calfrac Well Services Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calfrac Well Services Ltd and related companies with MarketBeat.com's FREE daily email newsletter.