Calfrac Well Services (OTCMKTS:CFWFF) PT Lowered to C$5.00

Calfrac Well Services (OTCMKTS:CFWFFGet Rating) had its target price dropped by equities researchers at BMO Capital Markets from C$8.50 to C$5.00 in a note issued to investors on Friday, The Fly reports.

Separately, Stifel Nicolaus lifted their price target on shares of Calfrac Well Services from C$12.00 to C$13.00 in a research report on Wednesday, November 23rd.

Calfrac Well Services Price Performance

Shares of OTCMKTS CFWFF opened at $2.87 on Friday. The company’s fifty day moving average is $4.41 and its 200-day moving average is $4.51. Calfrac Well Services has a twelve month low of $2.87 and a twelve month high of $5.70.

Calfrac Well Services Company Profile

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Calfrac Well Services Ltd. engages in the provision of specialized oilfield services. It operates through the following segments: Canada, the United States, Russia, and Argentina. The Canada segment focuses on the provision of fracturing and coiled tubing services to a diverse group of oil and natural gas exploration and production companies operating in Alberta, northeast British Columbia, Saskatchewan, and Manitoba.

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