Calfrac Well Services (CFW), the Materials sector company was revisited yesterday, and remains undervalued for at least one analyst on the street. Analyst Michael Mazar from BMO Capital rated Calfrac Well Services (CFW) a Buy, setting a C$5 price target.
According to TipRanks.com, Mazar is ranked #4033 out of 5220 analysts.
Calfrac Well Services has an analyst consensus of Strong Buy, with a price target consensus of C$4.25.
Based on Calfrac Well Services’ latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of C$14.88 million. In comparison, last year the company had a net profit of C$38.01 million.
Calfrac Well Services Ltd. engages in the provision of specialized oilfield services. It operates through the following segments: Canada, the United States, Russia, Latin America, and Corporate.
The company’s shares closed on Thursday at C$3.42.
