Canyon Services Group Inc (TSE:FRC) Given Average Rating of “Buy” by Brokerages
Shares of Canyon Services Group Inc (TSE:FRC) have earned an average recommendation of “Buy” from the eight analysts that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$8.13.
Separately, CIBC decreased their target price on Canyon Services Group from C$7.40 to C$6.80 in a research report on Monday, May 15th.
Canyon Services Group (TSE:FRC) traded down 6.06% during midday trading on Friday, hitting $6.66. The stock had a trading volume of 615,418 shares. 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 12-month low of $4.28 and a 12-month 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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