Precision Drilling (TSE:PD – Free Report) (NYSE:PDS) had its price objective upped by ATB Capital from C$120.00 to C$123.00 in a research report report published on Thursday, BayStreet.CA reports.
Other equities analysts have also recently issued reports about the stock. Raymond James raised their target price on shares of Precision Drilling from C$132.00 to C$136.00 and gave the company a strong-buy rating in a research note on Friday, April 26th. Stifel Nicolaus raised their target price on shares of Precision Drilling from C$115.00 to C$125.00 and gave the company a buy rating in a research note on Thursday, April 18th. CIBC raised their target price on shares of Precision Drilling from C$130.00 to C$140.00 and gave the company an outperform rating in a research note on Wednesday. Finally, BMO Capital Markets raised their price target on Precision Drilling from C$135.00 to C$140.00 and gave the company an outperform rating in a report on Wednesday. Eight research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of Buy and a consensus price target of C$131.00.
View Our Latest Stock Analysis on Precision Drilling
Precision Drilling Stock Down 5.2 %
Precision Drilling Company Profile
Precision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in North America and the Middle East. The company operates through Contract Drilling Services and Completion and Production Services segments.
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