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Calfrac Well Services (TSE:CFW) has received a consensus recommendation of “Buy” from the fourteen analysts that are presently covering the stock, Analyst Ratings News reports. One research analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have covered the stock in the last year is C$29.36.

Calfrac Well Services (TSE:CFW) traded down 0.59% during mid-day trading on Wednesday, hitting $20.07. 10,239 shares of the company’s stock traded hands. Calfrac Well Services has a 52 week low of $14.29 and a 52 week high of $22.57. The stock has a 50-day moving average of $20.80 and a 200-day moving average of $18.80. The company has a market cap of $1.902 billion and a price-to-earnings ratio of 130.26.

Calfrac Well Services (TSE:CFW) last posted its quarterly earnings results on Wednesday, July 30th. The company reported ($0.14) earnings per share for the quarter, meeting the analysts’ consensus estimate of ($0.14). Analysts expect that Calfrac Well Services will post $0.64 EPS for the current fiscal year.

CFW has been the subject of a number of recent research reports. Analysts at Pi Financial raised their price target on shares of Calfrac Well Services from C$27.00 to C$28.00 in a research note on Wednesday, July 30th. They now have a “buy” rating on the stock. Separately, analysts at TD Securities raised their price target on shares of Calfrac Well Services from C$26.00 to C$29.00 in a research note on Wednesday, July 30th. They now have a “buy” rating on the stock. Finally, analysts at Scotiabank raised their price target on shares of Calfrac Well Services from C$26.00 to C$28.00 in a research note on Wednesday, July 30th. They now have an “outperform” rating on the stock.

Calfrac Well Services Ltd. is a provider of specialized oilfield services in Canada, the United States, Russia, Mexico, Argentina and Colombia, including hydraulic fracturing, coiled tubing, cementing and other well stimulation services.

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