Keane Group Inc (FRAC) Earns Sector Perform Rating from Analysts at Howard Weil

Howard Weil began coverage on shares of Keane Group Inc (NASDAQ:FRAC) in a report issued on Tuesday morning. The firm issued a sector perform rating and a $24.00 price target on the stock.

A number of other brokerages have also recently issued reports on FRAC. Guggenheim began coverage on shares of Keane Group in a report on Tuesday. They set a buy rating and a $30.00 target price on the stock. Citigroup Inc. began coverage on shares of Keane Group in a report on Tuesday. They set a neutral rating and a $23.00 target price on the stock. Wells Fargo & Company began coverage on shares of Keane Group in a report on Tuesday. They set an outperform rating and a $27.00 target price on the stock. They noted that the move was a valuation call. J P Morgan Chase & Co began coverage on shares of Keane Group in a report on Tuesday. They set an overweight rating and a $27.00 target price on the stock. Finally, Piper Jaffray Companies began coverage on shares of Keane Group in a report on Tuesday. They set an overweight rating and a $24.50 target price on the stock. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Keane Group currently has an average rating of Buy and a consensus price target of $25.61.

Shares of Keane Group (NASDAQ:FRAC) opened at 21.84 on Tuesday. Keane Group has a one year low of $20.25 and a one year high of $22.93. The firm has a 50 day moving average price of $21.51 and a 200 day moving average price of $21.51.

This news story was originally reported by sleekmoney and is owned by of sleekmoney. If you are accessing this news story on another site, it was illegally copied and republished in violation of US and international trademark and copyright legislation. The original version of this news story can be read at http://sleekmoney.com/keane-group-inc-frac-earns-sector-perform-rating-from-analysts-at-howard-weil/1660102.html.

In other Keane Group news, major shareholder Keane Investor Holdings Llc sold 15,074,000 shares of the company’s stock in a transaction dated Wednesday, January 25th. The shares were sold at an average price of $19.00, for a total transaction of $286,406,000.00. Following the completion of the sale, the insider now directly owns 72,239,439 shares in the company, valued at $1,372,549,341. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

About Keane Group

Keane Group, Inc is provider of integrated well completion services in the United States, with a focus on demanding completion solutions. The Company’s segments include Completion Services, which comprises hydraulic fracturing and wireline divisions, and Other Services, which consists of coiled tubing, cementing and drilling divisions.

5 Day Chart for NASDAQ:FRAC

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/keane-group-inc-frac-earns-sector-perform-rating-from-analysts-at-howard-weil/1660102.html

Receive News & Ratings for Keane Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keane Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *