Rating Watching: Research Analysts at TD Securities Maintain their Hold rating for Calfrac Well Services Ltd (TSE:CFW). The TP Given is $3.00

November 24, 2016 - By Ellis Scott

Calfrac Well Services Ltd (TSE:CFW) Rating

Calfrac Well Services Ltd (TSE:CFW) had its stock rating noted as Hold by analysts at TD Securities. TD Securities currently has a $3.00 target on the $376.02 million market cap company or -5.66% downside potential. This was shown in analysts note on 24 November.

Calfrac Well Services Ltd (TSE:CFW) Ratings Coverage

Out of 10 analysts covering Calfrac Well Services Ltd. (TSE:CFW), 1 rate it a “Buy”, 2 “Sell”, while 7 “Hold”. This means 10% are positive. $10 is the highest target while $1.25 is the lowest. The $3.63 average target is 13.44% above today’s ($3.2) stock price. Calfrac Well Services Ltd. has been the topic of 54 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm earned “Hold” rating on Wednesday, January 6 by TD Securities. On Tuesday, July 21 the stock rating was upgraded by Scotia Capital to “Sector Perform”. The stock of Calfrac Well Services Ltd (TSE:CFW) earned “Sector Perform” rating by RBC Capital Markets on Monday, October 5. The rating was maintained by RBC Capital Markets on Friday, April 29 with “Sector Perform”. The stock has “Market Perform” rating given by Cowen & Co on Thursday, October 15. Paradigm Research downgraded Calfrac Well Services Ltd (TSE:CFW) on Thursday, February 25 to “Sell” rating. The rating was maintained by Scotia Capital on Friday, July 29 with “Underperform”. The firm has “Neutral” rating by Simmons & Co given on Tuesday, January 12. The firm has “Neutral” rating by JP Morgan given on Wednesday, August 26. The rating was maintained by TD Securities on Friday, October 28 with “Hold”.

About 801,393 shares traded hands or 33.23% up from the average. Calfrac Well Services Ltd (TSE:CFW) has risen 62.23% since April 20, 2016 and is uptrending. It has outperformed by 56.82% the S&P500.

Calfrac Well Services Ltd. is a provider of specialized oilfield services. The company has a market cap of $376.02 million. The Firm operates through four geographical divisions: Canada, the United States, Russia and Latin America. It currently has negative earnings. The Company’s services include hydraulic fracturing, coiled tubing, cementing and other well stimulation services.

CFW Company Profile

Capitol Federal Financial, Inc., incorporated on April 28, 2010, is the savings and loan holding firm for Capitol Federal Savings Bank (Capitol Federal Savings or the Bank). The Firm is a community-oriented financial institution offering a range of financial services to meet the needs of the communities it serves. It attracts retail deposits from the general public and invests those funds primarily in permanent loans secured by first mortgages on owner-occupied, one- to four-family residences. Capitol Federal Savings Bank is a federally chartered and insured savings bank. The Bank has a network of approximately 50 branches (approximately 40 traditional branches and approximately 10 in-store branches) located in approximately nine counties throughout Kansas and over three counties in Missouri. It primarily serves the metropolitan areas of Topeka, Wichita, Lawrence, Manhattan, Emporia, and Salina, Kansas and a portion of the metropolitan area of greater Kansas City. In addition to providing full service banking offices, it provides its clients mobile banking, telephone banking and bill payment services, and online banking and bill payment services. It also has a call center, which operates on extended hours.

Another recent and important Calfrac Well Services Ltd (TSE:CFW) news was published by Business.Financialpost.com which published an article titled: “Why tough times for frackers could be the best time for Calgary’s Calfrac Well …” on July 29, 2015.

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