Calfrac Well Services (OTCMKTS:CFWFF) PT Lowered to C$5.00

Calfrac Well Services (OTCMKTS:CFWFFGet Rating) had its price target dropped by analysts at BMO Capital Markets from C$8.50 to C$5.00 in a report released on Friday, The Fly reports.

Separately, Stifel Nicolaus boosted their price objective on shares of Calfrac Well Services from C$12.00 to C$13.00 in a report on Wednesday, November 23rd.

Calfrac Well Services Price Performance

OTCMKTS CFWFF opened at $2.87 on Friday. Calfrac Well Services has a 12-month low of $2.87 and a 12-month high of $5.70. The firm has a 50-day moving average price of $4.41 and a two-hundred day moving average price of $4.51.

Calfrac Well Services Company Profile

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Calfrac Well Services Ltd. engages in the provision of specialized oilfield services. It operates through the following segments: Canada, the United States, Russia, and Argentina. The Canada segment focuses on the provision of fracturing and coiled tubing services to a diverse group of oil and natural gas exploration and production companies operating in Alberta, northeast British Columbia, Saskatchewan, and Manitoba.

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