Keane Group Inc (NYSE:FRAC) has received an average recommendation of “Buy” from the twenty-four brokerages that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, nine have issued a hold rating and fourteen have given a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $21.32.
Several analysts recently weighed in on the company. Jefferies Group dropped their price target on Keane Group from $20.00 to $19.00 and set a “buy” rating for the company in a report on Friday, November 3rd. Stephens assumed coverage on Keane Group in a report on Tuesday, January 9th. They set an “overweight” rating and a $24.00 price target for the company. Cowen assumed coverage on Keane Group in a report on Wednesday. They set an “outperform” rating and a $18.00 price target for the company. ValuEngine cut Keane Group from a “hold” rating to a “sell” rating in a report on Saturday, February 3rd. Finally, Barclays raised Keane Group from an “underweight” rating to an “equal weight” rating in a report on Wednesday, November 8th.
In other Keane Group news, major shareholder Keane Investor Holdings Llc sold 1,998,262 shares of the firm’s stock in a transaction on Wednesday, January 24th. The stock was sold at an average price of $18.25, for a total transaction of $36,468,281.50. Following the transaction, the insider now owns 58,917,686 shares in the company, valued at approximately $1,075,247,769.50. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Shares of Keane Group (NYSE FRAC) opened at $14.15 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.41 and a quick ratio of 1.26. Keane Group has a fifty-two week low of $12.42 and a fifty-two week high of $22.24.
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Keane Group Company Profile
Keane Group, Inc is provider of integrated well completion services in the United States, with a focus on demanding completion solutions. The Company’s segments include Completion Services, which comprises hydraulic fracturing and wireline divisions, and Other Services, which consists of coiled tubing, cementing and drilling divisions.
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