The stock of Calfrac Well Services Ltd (TSE:CFW) is a huge mover today! About 266,562 shares traded hands. Calfrac Well Services Ltd (TSE:CFW) has risen 120.00% since March 28, 2016 and is uptrending. It has outperformed by 116.99% the S&P500.
The move comes after 5 months negative chart setup for the $295.54 million company. It was reported on Nov, 1 by Barchart.com. We have $2.33 PT which if reached, will make TSE:CFW worth $35.46 million less.
Calfrac Well Services Ltd (TSE:CFW) Ratings Coverage
Out of 10 analysts covering Calfrac Well Services Ltd. (TSE:CFW), 1 rate it a “Buy”, 2 “Sell”, while 7 “Hold”. This means 10% are positive. $10 is the highest target while $1.25 is the lowest. The $3.55 average target is 33.96% above today’s ($2.65) stock price. Calfrac Well Services Ltd. has been the topic of 53 analyst reports since July 21, 2015 according to StockzIntelligence Inc. JP Morgan maintained Calfrac Well Services Ltd (TSE:CFW) on Wednesday, August 26 with “Neutral” rating. The firm has “Sector Performer” rating by IBC given on Tuesday, February 9. The stock has “Hold” rating given by TD Securities on Friday, October 28. The firm has “Sector Perform” rating given on Friday, April 29 by RBC Capital Markets. The stock has “Sector Perform” rating given by RBC Capital Markets on Monday, October 5. The rating was downgraded by Paradigm Research on Thursday, February 25 to “Sell”. The stock has “Underperform” rating given by Scotia Capital on Friday, July 29. The company was downgraded on Wednesday, January 6 by TD Securities. Cowen & Co downgraded Calfrac Well Services Ltd (TSE:CFW) on Thursday, October 15 to “Market Perform” rating. The rating was maintained by Scotia Capital on Friday, October 28 with “Underperform”.
Another recent and important Calfrac Well Services Ltd (TSE:CFW) news was published by Finance.Yahoo.com which published an article titled: “Calfrac Well Services Ltd. Third Quarter 2016 Earnings Release and Conference Call” on October 12, 2016.
Calfrac Well Services Ltd. is a provider of specialized oilfield services. The company has a market cap of $295.54 million. The Firm operates through four geographical divisions: Canada, the United States, Russia and Latin America. It currently has negative earnings. The Company’s services include hydraulic fracturing, coiled tubing, cementing and other well stimulation services.
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