Keane Group Inc Receives a Hold from Scotiabank

By Carrie Williams

Scotiabank analyst Blake Hutchinson maintained a Hold rating on Keane Group Inc (NYSE: FRAC) today and set a price target of $24. The company’s shares closed yesterday at $16.60.

According to TipRanks.com, Hutchinson is ranked 0 out of 5 stars with an average return of -16.2% and a 11.8% success rate. Hutchinson covers the Basic Materials sector, focusing on stocks such as Oceaneering International, Oil States International, and Mcdermott International.

Keane Group Inc has an analyst consensus of Moderate Buy.

The company has a one year high of $22.93 and a one year low of $14.49. Currently, Keane Group Inc has an average volume of 2.22M.

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Keane Group, Inc. engages in the provision of hydraulic and engineered related solutions. It engages in the horizontal and vertical fracturing, wireline perforation and logging and engineered, as well as other value-added services. It operates through the Completion, and Other Services. The Completion Services segment refers to the hydraulic fracturing and wireline divisions. The Other Services include coiled tubing, cementing and drilling divisions. The company was founded in 1973 and is headquartered in Houston, TX.