Analyst Activity – CIBC Lowers Its Price Target On Canyon Services Group (TSE:FRC) to C$6.80

Analyst Ratings For Canyon Services Group (TSE:FRC)

Story continues below

Today, CIBC lowered its price target on Canyon Services Group (TSE:FRC) to C$6.80 per share.

There are 4 hold ratings, 4 buy ratings on the stock.

The current consensus rating on Canyon Services Group (TSE:FRC) is Buy (Score: 2.50) with a consensus target price of C$7.83 per share, a potential .

Some recent analyst ratings include

  • 3/6/2017-Scotiabank Reiterated Rating of Outperform.
  • 1/9/2017-AltaCorp Capital was Downgraded by analysts at AltaCorp Capital from a “Outperform ” rating to a ” Sector Perform” rating.
  • 12/8/2016-GMP Securities Upgrade from a “Hold ” rating to a ” Buy” rating.

    About Canyon Services Group (TSE:FRC)
    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. The Fluid Management Services Segment includes fluid management services, water sourcing, water transfer, fluid heating, flowback transfer, water storage services and fluid transportation services. Hydraulic fracturing offers a line of hydraulic fracturing services and fluid systems. Nitrogen fracturing offers nitrogen pumps, nitrogen transportation and on-site storage facilities. Coiled tubing provides a range of shallow, mid-depth and deep-coiled tubing units. Chemical stimulation and cementing provides acid treatments utilizing chemical systems to treat oil and natural gas wells.

    Recent Trading Activity for Canyon Services Group (TSE:FRC)
    Shares of Canyon Services Group closed the previous trading session at 7.22 up +0.35 5.09% with 114,822 shares trading hands.

    An ad to help with our costs