Canyon Services Group Inc. (TSE:FRC) had its target price boosted by stock analysts at Canaccord Genuity from C$7.00 to C$7.50 in a report released on Thursday. Canaccord Genuity’s price objective indicates a potential upside of 29.76% from the stock’s previous close.
A number of other equities analysts have also weighed in on the stock. Scotiabank reiterated a “sector outperform” rating on shares of Canyon Services Group in a report on Tuesday, October 11th. TD Securities reiterated a “buy” rating and issued a C$6.50 price target on shares of Canyon Services Group in a report on Friday, September 9th. CIBC reduced their target price on shares of Canyon Services Group from C$8.00 to C$7.00 and set a “sector outperform” rating on the stock in a report on Thursday, August 25th. FirstEnergy Capital lifted their target price on shares of Canyon Services Group from C$5.00 to C$6.00 and gave the company a “market perform” rating in a report on Monday, August 8th. Finally, BMO Capital Markets lifted their target price on shares of Canyon Services Group from C$5.00 to C$5.50 and gave the company a “market perform” rating in a report on Monday, August 8th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of C$6.15.
Shares of Canyon Services Group (TSE:FRC) opened at 5.78 on Thursday. Canyon Services Group has a 52-week low of $2.85 and a 52-week high of $5.98. The stock’s market cap is $496.41 million. The stock’s 50 day moving average price is $4.98 and its 200-day moving average price is $4.95.
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.
Receive News & Ratings for Canyon Services Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canyon Services Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.