Calfrac Well Services Ltd (TSE:CFW) Director Ronald Mathison purchased 1,000,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 14th. The stock was purchased at an average price of C$5.56 per share, for a total transaction of C$5,560,000.00.

Calfrac Well Services Ltd (CFW) traded down C$0.19 during midday trading on Wednesday, hitting C$5.65. 1,031,950 shares of the stock traded hands, compared to its average volume of 651,365. Calfrac Well Services Ltd has a 12-month low of C$2.23 and a 12-month high of C$6.10.

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A number of brokerages recently issued reports on CFW. Royal Bank Of Canada upped 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 research note on Friday, August 25th. TD Securities upped their price target on shares of Calfrac Well Services from C$7.00 to C$7.50 and gave the stock a “buy” rating in a research note on Wednesday. Scotiabank upped 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 research note on Thursday, July 27th. GMP Securities upped their price target on shares of Calfrac Well Services from C$3.00 to C$4.00 in a research note on Thursday, July 27th. Finally, CIBC dropped their price target on shares of Calfrac Well Services from C$5.75 to C$4.00 in a research note on Thursday, July 20th. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of C$6.27.

Calfrac Well Services Company Profile

Calfrac Well Services Ltd. is a provider of specialized oilfield services. The Company operates through four geographical segments: Canada, the United States, Russia and Latin America. Its services include hydraulic fracturing, coiled tubing, cementing and other well stimulation services. The Canadian segment provides fracturing and coiled tubing services to oil and natural gas exploration and production companies in Alberta, northeast British Columbia, Saskatchewan and southwest Manitoba.

Insider Buying and Selling by Quarter for Calfrac Well Services (TSE:CFW)

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