JPMorgan Chase & Co upgrades Keane Group (NYSE:FRAC) buy target from 18 to 19.00

Keane Group (NYSE:FRAC) had its price target hoisted by JPMorgan Chase & Co. from $18.00 to $19.00 in a research note published on Friday, November 2nd. They currently have an overweight rating on the stock.

Keane Group, Inc provides integrated well completion services primarily in the United States. Its principal service offerings include horizontal and vertical fracturing, wireline perforation and logging, and engineered solutions, as well as other value-added services. The company also provides Casehole cementing and drilling services; and engineering software and technical guidance for remedial cementing applications and acidizing.

Other research analysts have also issued reports about the company. Citigroup boosted their price target on Keane Group from $16.00 to $17.00 and gave the stock a buy rating in a research report on Friday, August 10th. BMO Capital Markets set a $18.00 target price on Keane Group and gave the company a buy rating.

NYSE:FRAC opened at $11.27 on Friday. Keane Group has a fifty-two week low of $10.12 and a fifty-two week high of $19.83. The stock has a market cap of $1.19 billion, a PE ratio of 9.72, a price-to-earnings-growth ratio of 0.42 and a beta of -0.50. The company has a current ratio of 1.46, a quick ratio of 1.35 and a debt-to-equity ratio of 0.67.

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