It Seems Canyon Services Group Inc Will Go Up. Have Another Big Increase

 It Seems Canyon Services Group Inc Will Go Up. Have Another Big Increase

The stock of Canyon Services Group Inc (TSE:FRC) is a huge mover today! The stock last traded at $5.12 per share. It is down 36.17% since March 30, 2016 and is uptrending. It has outperformed by 34.96% the S&P500.
The move comes after 7 months positive chart setup for the $419.38M company. It was reported on Nov, 3 by Barchart.com. We have $11.83 PT which if reached, will make TSE:FRC worth $549.39M more.

Canyon Services Group Inc (TSE:FRC) Ratings Coverage

Out of 7 analysts covering Canyon Services Group Inc. (TSE:FRC), 5 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 71% are positive. $10.5 is the highest target while $4.50 is the lowest. The $7.35 average target is 43.55% above today’s ($5.12) stock price. Canyon Services Group Inc. has been the topic of 22 analyst reports since July 21, 2015 according to StockzIntelligence Inc. On Tuesday, July 21 the stock rating was upgraded by Scotia Capital to “Sector Perform”. On Friday, September 9 the stock rating was maintained by TD Securities with “Buy”. The company was upgraded on Tuesday, August 4 by Canaccord Genuity. The rating was maintained by Scotia Capital on Friday, May 6 with “Sector Perform”. IBC maintained the shares of FRC in a report on Tuesday, August 25 with “Outperform” rating. The firm earned “Outperform” rating on Tuesday, September 8 by Raymond James. TD Securities maintained it with “Buy” rating and $8 target price in Tuesday, August 4 report.

Canyon Services Group Inc. provides stimulation and fluid management services to gas and oil exploration and production companies operating in the Western Canadian Sedimentary Basin. The company has a market cap of $419.38 million. The Company’s divisions include Pressure Pumping Services and Fluid Management Services. It currently has negative earnings. Pressure pumping services include hydraulic fracturing, nitrogen fracturing, coiled tubing, chemical stimulation and cementing.

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