News stories about Keane Group (NYSE:FRAC) have been trending positive on Friday, Accern Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Keane Group earned a daily sentiment score of 0.28 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 47.9052156182051 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the headlines that may have impacted Accern’s rankings:
- Jefferies Group Weighs in on Keane Group, Inc.’s Q1 2018 Earnings (FRAC) (americanbankingnews.com)
- Trican Announces Secondary Offering of Keane Shares and Updates its Normal Course Issuer Bid (forextv.com)
- What’s Happening With These Oil & Gas Stocks? — Keane, TechnipFMC, Flotek Industries, and McDermott (bizjournals.com)
- Keane Group (FRAC) Announces 11M Share Secondary Offering (streetinsider.com)
- $511.66 Million in Sales Expected for Keane Group, Inc. (FRAC) This Quarter (americanbankingnews.com)
Shares of Keane Group (NYSE:FRAC) opened at $17.96 on Friday. Keane Group has a 1 year low of $12.42 and a 1 year high of $22.93. The company has a current ratio of 1.41, a quick ratio of 1.26 and a debt-to-equity ratio of 0.60.
A number of analysts have recently issued reports on FRAC shares. Jefferies Group dropped their price target on Keane Group from $20.00 to $19.00 and set a “buy” rating for the company in a research report on Friday, November 3rd. Stephens assumed coverage on Keane Group in a research note on Tuesday, January 9th. They issued an “overweight” rating and a $24.00 price target on the stock. BidaskClub cut Keane Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 18th. Barclays raised Keane Group from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, November 8th. Finally, Zacks Investment Research raised Keane Group from a “hold” rating to a “buy” rating and set a $19.00 target price on the stock in a research note on Wednesday, October 4th. Ten equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $21.20.
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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.
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