Precision Drilling (TSE:PD – Free Report) (NYSE:PDS) had its price target decreased by Evercore from C$142.00 to C$139.00 in a report released on Wednesday, BayStreet.CA reports. Evercore currently has an outperform rating on the stock.
Several other research analysts have also recently issued reports on PD. ATB Capital cut their price target on shares of Precision Drilling from C$126.00 to C$125.00 and set an outperform rating for the company in a report on Wednesday. Royal Bank of Canada cut their target price on Precision Drilling from C$125.00 to C$122.00 in a research note on Friday, January 12th. CIBC increased their target price on Precision Drilling from C$100.00 to C$110.00 and gave the stock an outperform rating in a research note on Wednesday. TD Securities cut their target price on Precision Drilling from C$125.00 to C$115.00 and set a buy rating for the company in a research note on Wednesday. Finally, Piper Sandler Companies cut their target price on Precision Drilling from C$107.00 to C$100.00 and set an overweight rating for the company in a research note on Monday, January 8th. Nine research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Precision Drilling presently has a consensus rating of Buy and a consensus target price of C$121.08.
Precision Drilling Trading Down 1.2 %
About Precision Drilling
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 in two segments, Contract Drilling Services and Completion and Production Services.
- Five stocks we like better than Precision Drilling
- What is MarketRank™? How to Use it
- Alibaba stock earnings are out, everything just changed
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- What are specialty REITs? How to invest in them
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Miso Robotics stock: Is an IPO coming soon?
Receive News & Ratings for Precision Drilling Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Precision Drilling and related companies with MarketBeat.com's FREE daily email newsletter.