Keane Group Inc (NYSE:FRAC) Just Hit With Upgrade From Barclays. Will Other Analysts Also Upgrade the Stock?

February 13, 2018 - By Marie Mckinney

  Keane Group Inc (NYSE:FRAC) Just Hit With Upgrade From Barclays. Will Other Analysts Also Upgrade the Stock?

Keane Group Inc (NYSE:FRAC) Stock Upgrade

In analysts note revealed to investors and clients on Wednesday, 8 November, Barclays decided to upgrade shares of Keane Group Inc (NYSE:FRAC) to a Hold rating. The firm currently has a respectable $16.0 PT on FRAC shares.

Keane Group, Inc. (NYSE:FRAC) Ratings Coverage

Among 16 analysts covering Keane Group (NYSE:FRAC), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. Keane Group has $30 highest and $14.0 lowest target. $20.96’s average target is 49.82% above currents $13.99 stock price. Keane Group had 25 analyst reports since February 14, 2017 according to SRatingsIntel. The rating was initiated by Guggenheim with “Buy” on Tuesday, February 14. The rating was initiated by Barclays Capital with “Sell” on Friday, October 6. Piper Jaffray maintained the shares of FRAC in report on Monday, October 2 with “Buy” rating. As per Wednesday, November 8, the company rating was upgraded by Barclays Capital. As per Tuesday, February 14, the company rating was initiated by Piper Jaffray. The stock has “Buy” rating by Bank of America on Friday, March 10. On Tuesday, February 14 the stock rating was initiated by Bank of America with “Neutral”. The firm earned “Buy” rating on Wednesday, April 26 by R. F. Lafferty. On Sunday, September 17 the stock rating was maintained by Piper Jaffray with “Buy”. The firm has “Overweight” rating by JP Morgan given on Tuesday, February 14.

The stock decreased 2.10% or $0.3 during the last trading session, reaching $13.99. About 1.03M shares traded. Keane Group, Inc. (NYSE:FRAC) has 0.00% since February 13, 2017 and is . It has underperformed by 16.70% the S&P500.

Analysts await Keane Group, Inc. (NYSE:FRAC) to report earnings on March, 19. FRAC’s profit will be $26.90 million for 14.57 P/E if the $0.24 EPS becomes a reality. After $0.04 actual earnings per share reported by Keane Group, Inc. for the previous quarter, Wall Street now forecasts 500.00 % EPS growth.

Keane Group, Inc. provides integrated well completion services primarily in the United States. The company has market cap of $1.57 billion. The Company’s principal service offerings include horizontal and vertical fracturing, wireline perforation and logging, and engineered solutions, as well as other value-added services. It currently has negative earnings. The firm also provides coiled tubing, drilling, cementing, acidizing, and nitrogen services.

More news for Keane Group, Inc. (NYSE:FRAC) were recently published by:, which released: “Keane Group (FRAC) Prices 13.32M Share Upsized Secondary Offering at $18.25/Sh” on January 18, 2018.‘s article titled: “Keane Group (FRAC) Announces 11M Share Secondary Offering” and published on January 16, 2018 is yet another important article.

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