Calfrac Well Services Ltd (TSE:CFW) insider Wilks Brothers, Llc bought 754,300 shares of the company’s stock in a transaction dated Friday, August 4th. The stock was purchased at an average cost of C$3.37 per share, for a total transaction of C$2,541,991.00.

Calfrac Well Services Ltd (TSE:CFW) traded up 2.99% during mid-day trading on Monday, reaching $3.45. 244,686 shares of the company’s stock were exchanged. Calfrac Well Services Ltd has a 52-week low of $2.23 and a 52-week high of $5.34. The stock has a 50-day moving average price of $2.85 and a 200 day moving average price of $3.54. The company’s market cap is $471.86 million.

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Several research firms recently commented on CFW. Scotiabank raised their price target on shares of Calfrac Well Services from C$5.00 to C$6.00 and gave the stock an “outperform” rating in a report on Thursday, July 27th. Canaccord Genuity decreased their price target on shares of Calfrac Well Services from C$4.00 to C$3.00 in a report on Tuesday, July 11th. Royal Bank Of Canada raised their price target on shares of Calfrac Well Services from C$4.00 to C$5.00 and gave the stock a “sector perform” rating in a report on Thursday, July 27th. BMO Capital Markets decreased their price target on shares of Calfrac Well Services from C$5.50 to C$4.50 and set a “market perform” rating for the company in a report on Thursday, July 27th. Finally, National Bank Financial raised their price target on shares of Calfrac Well Services from C$4.25 to C$5.75 and gave the stock an “outperform” rating in a report on Wednesday, July 26th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company’s stock. Calfrac Well Services has an average rating of “Hold” and a consensus target price of C$4.77.

About Calfrac Well Services

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

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