A number of other research analysts also recently issued reports on the company. TD Securities reissued a buy rating and issued a C$6.50 price objective on shares of Canyon Services Group in a research note on Friday, September 9th. BMO Capital Markets boosted their target price on Canyon Services Group from C$5.00 to C$5.50 and gave the company a market perform rating in a research report on Monday, August 8th. FirstEnergy Capital boosted their target price on Canyon Services Group from C$5.00 to C$6.00 and gave the company a market perform rating in a research report on Monday, August 8th. Finally, CIBC decreased their target price on Canyon Services Group from C$8.00 to C$7.00 and set a sector outperform rating for the company in a research report on Thursday, August 25th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company has an average rating of Buy and an average price target of C$6.18.
Canyon Services Group (TSE:FRC) traded up 1.79% during mid-day trading on Tuesday, hitting $5.70. The stock had a trading volume of 162,870 shares. The stock’s market cap is $489.54 million. Canyon Services Group has a 1-year low of $2.85 and a 1-year high of $5.98. The firm’s 50-day moving average price is $4.94 and its 200-day moving average price is $4.92.
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.
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