Canyon Services Group Inc on Focus After Raising In Today’s Session

 Canyon Services Group Inc on Focus After Raising In Today's Session

The stock of Canyon Services Group Inc (TSE:FRC) is a huge mover today! About 52,126 shares traded hands. Canyon Services Group Inc (TSE:FRC) has risen 43.36% since April 11, 2016 and is uptrending. It has outperformed by 39.43% the S&P500.
The move comes after 9 months positive chart setup for the $477.97 million company. It was reported on Nov, 15 by We have $10.05 PT which if reached, will make TSE:FRC worth $396.72M 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 33.88% above today’s ($5.49) stock price. Canyon Services Group Inc. has been the topic of 22 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Raymond James upgraded it to “Outperform” rating and $7.50 target price in Tuesday, September 8 report. As per Tuesday, August 25, the company rating was maintained by IBC. The stock has “Buy” rating given by TD Securities on Tuesday, August 4. The rating was upgraded by Scotia Capital on Tuesday, July 21 to “Sector Perform”. The firm has “Buy” rating by TD Securities given on Friday, September 9. Canaccord Genuity upgraded Canyon Services Group Inc (TSE:FRC) on Tuesday, August 4 to “Buy” rating. As per Friday, May 6, the company rating was maintained by Scotia Capital.

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 $477.97 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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