National Bank Upgrades Calfrac Well Services (CFW) to Buy
In a new note to investors today, an analyst has provided a rating update for the Materials sector company, Calfrac Well Services (CFW). Greg Colman, an analyst with National Bank, has upgraded their rating on CFW to Buy , with a C$4.85 price target.
According to TipRanks.com, Colman is ranked #3160 out of 5132 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Calfrac Well Services with a C$6.80 average price target.
The company has a one-year high of C$8.35 and a one-year low of C$3.59. Currently, Calfrac Well Services has an average volume of 589K.
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 Tuesday at C$3.09.