Precision Drilling (TSE:PD – Free Report) (NYSE:PDS) had its price objective increased by TD Securities from C$115.00 to C$140.00 in a research report report published on Thursday morning, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.
Several other equities research analysts have also commented on the stock. Stifel Nicolaus boosted their price objective on shares of Precision Drilling from C$115.00 to C$125.00 and gave the stock a buy rating in a research report on Thursday, April 18th. CIBC upped their target price on Precision Drilling from C$130.00 to C$140.00 and gave the company an outperform rating in a research note on Wednesday, July 31st. Raymond James raised their price target on Precision Drilling from C$132.00 to C$136.00 and gave the stock a strong-buy rating in a research note on Friday, April 26th. BMO Capital Markets lifted 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, July 31st. Finally, ATB Capital increased their price objective on shares of Precision Drilling from C$120.00 to C$123.00 in a report on Thursday. Eight analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of Buy and a consensus target price of C$131.00.
Read Our Latest Stock Report on Precision Drilling
Precision Drilling Price Performance
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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