Calfrac Well Services (CFW) Stock Forecast & Price Target

C$4.58
-0.16 (-3.38%)
(As of 05:18 PM ET)

Calfrac Well Services Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 4 Analyst Ratings

Analysts' Consensus Price Target

C$5.50
20.09% Upside
High ForecastC$6.00
Average ForecastC$5.50
Low ForecastC$5.00
TypeCurrent Forecast
4/26/23 to 4/25/24
1 Month Ago
3/27/23 to 3/26/24
3 Months Ago
1/26/23 to 1/26/24
1 Year Ago
4/26/22 to 4/26/23
Consensus Rating
Hold
Hold
Moderate Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
1 Buy rating(s)
3 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
1 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$5.50C$5.50C$7.13C$8.40
Predicted Upside20.09% Upside39.95% Upside46.76% Upside64.61% Upside
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CFW Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CFW Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Calfrac Well Services Stock vs. The Competition

TypeCalfrac Well ServicesEnergy Companies
Consensus Rating Score
2.00
2.66
Consensus RatingHoldModerate Buy
News Sentiment RatingNeutral News
Neutral News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
3/15/2024Royal Bank of Canada
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 Lower TargetSector PerformC$6.50 ➝ C$5.50+39.95%
3/15/2024ATB Capital
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 DowngradeOutperform ➝ Sector PerformC$10.00 ➝ C$6.00+52.67%
3/15/2024Stifel Nicolaus
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 DowngradeBuy ➝ HoldC$7.00 ➝ C$5.00+27.23%
3/14/2024Stifel Canada
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C. Pereira
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DowngradeBuy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 06:26 PM ET.

CFW Price Target - Frequently Asked Questions

What is Calfrac Well Services's consensus rating and price target?

According to the issued ratings of 4 analysts in the last year, the consensus rating for Calfrac Well Services stock is Hold based on the current 4 hold ratings for CFW. The average twelve-month price prediction for Calfrac Well Services is C$5.50 with a high price target of C$6.00 and a low price target of C$5.00. Learn more on CFW's analyst rating history.

Do Wall Street analysts like Calfrac Well Services more than its competitors?

Analysts like Calfrac Well Services less than other Energy companies. The consensus rating for Calfrac Well Services is Hold while the average consensus rating for energy companies is Moderate Buy. Learn more on how CFW compares to other companies.

Is Calfrac Well Services being downgraded by Wall Street analysts?

Over the previous 90 days, Calfrac Well Services's stock had 3 downgrades by analysts.

Does Calfrac Well Services's stock price have much upside?

According to analysts, Calfrac Well Services's stock has a predicted upside of 39.95% based on their 12-month stock forecasts.

What analysts cover Calfrac Well Services?

Calfrac Well Services has been rated by ATB Capital, Royal Bank of Canada, Stifel Canada, and Stifel Nicolaus in the past 90 days.


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This page (TSE:CFW) was last updated on 4/25/2024 by MarketBeat.com Staff

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