Analyst Price Target is $5.45
▲ +27.93% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Calfrac Well Services in the last 3 months. The average price target is $5.45, with a high forecast of $7.00 and a low forecast of $3.50. The average price target represents a 27.93% upside from the last price of $4.26.
Current Consensus is
The current consensus among 3 contributing investment analysts is to hold stock in Calfrac Well Services. This Hold consensus rating has held steady for over two years.
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. The United States segment offers fracturing services to oil companies operating in the Bakken oil shale play in North Dakota; in the Rockies area; and in Texas and New Mexico, where it services the Eagle Ford and Permian basins. The Russia segment deals with the provision of fracturing and coiled tubing services in Western Siberia. The Argentina segment consists of pressure pumping services from its operating bases in Argentina. The company was founded by Ronald P. Mathison and Douglas R. Ramsay on June 28, 1999 and is headquartered in Calgary, Canada.