Canyon Services Group Inc (FRC) Receives Average Rating of “Buy” from Analysts
Canyon Services Group Inc (TSE:FRC) has been assigned an average rating of “Buy” from the nine analysts that are presently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is C$7.83.
Separately, CIBC decreased their price objective on Canyon Services Group from C$7.40 to C$6.80 in a report on Monday, May 8th.
Shares of Canyon Services Group (FRC) traded down 6.06% during trading on Tuesday, reaching $6.66. 615,418 shares of the company’s stock traded hands. The company has a 50 day moving average price of $6.82 and a 200-day moving average price of $6.49. Canyon Services Group has a one year low of $4.28 and a one year high of $7.69.
Canyon Services Group Company Profile
Canyon Services Group Inc provides stimulation and fluid management services to oil and gas exploration and production companies operating in the Western Canadian Sedimentary Basin. The Company’s segments include Pressure Pumping Services and Fluid Management Services. Pressure pumping services include hydraulic fracturing, nitrogen fracturing, coiled tubing, chemical stimulation and cementing.
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