Calfrac Well Services (OTCMKTS:CFWFF) Price Target Raised to C$6.50 at BMO Capital Markets

Calfrac Well Services (OTCMKTS:CFWFFGet Rating) had its price objective boosted by BMO Capital Markets from C$6.00 to C$6.50 in a research note issued to investors on Wednesday, The Fly reports.

Several other equities research analysts have also recently commented on CFWFF. Stifel Nicolaus lifted their target price on Calfrac Well Services from C$6.00 to C$7.00 in a research note on Wednesday. Royal Bank of Canada lifted their target price on Calfrac Well Services from C$7.00 to C$8.00 in a research note on Wednesday.

Calfrac Well Services Trading Up 9.7 %

Shares of CFWFF opened at $4.35 on Wednesday. The stock has a fifty day moving average price of $3.75 and a two-hundred day moving average price of $3.75. Calfrac Well Services has a 52-week low of $2.48 and a 52-week high of $5.13.

Calfrac Well Services Company Profile

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Calfrac Well Services Ltd., together with its subsidiaries, provides specialized oilfield services in Canada, the United States, and Argentina. It offers hydraulic fracturing, coiled tubing, cementing, and other well stimulation services, as well as pressure pumping services to oil and natural gas industries.

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