ProFrac (NASDAQ:PFHC) PT Raised to $27.00

ProFrac (NASDAQ:PFHCGet Rating) had its price objective boosted by Stifel Nicolaus from $24.00 to $27.00 in a report published on Tuesday, The Fly reports.

A number of other research analysts have also recently issued reports on PFHC. Bank of America started coverage on ProFrac in a report on Friday, June 10th. They set a buy rating and a $26.00 price objective for the company. JPMorgan Chase & Co. assumed coverage on ProFrac in a research report on Tuesday, June 7th. They set an overweight rating and a $25.00 target price for the company. Piper Sandler assumed coverage on ProFrac in a research report on Tuesday, June 7th. They issued an overweight rating and a $31.50 price objective for the company. Morgan Stanley started coverage on ProFrac in a research report on Tuesday, June 7th. They set an overweight rating and a $30.00 price target for the company. Finally, Seaport Res Ptn reiterated a buy rating on shares of ProFrac in a research note on Tuesday, June 7th. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of Buy and an average target price of $28.42.

NASDAQ:PFHC opened at $18.31 on Tuesday. ProFrac has a 12 month low of $16.75 and a 12 month high of $23.62. The company has a quick ratio of 0.72, a current ratio of 1.02 and a debt-to-equity ratio of 1.82.

ProFrac Company Profile (Get Rating)

ProFrac Holding Corp., a vertically integrated and energy services company, provides hydraulic fracturing, completion, and other complementary products and services to upstream oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources.

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Analyst Recommendations for ProFrac (NASDAQ:PFHC)

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