Precision Drilling (TSE:PD) Price Target Raised to C$7.00 at TD Securities

Precision Drilling (TSE:PD) (NYSE:PDS) had its price objective lifted by TD Securities from C$6.00 to C$7.00 in a research note issued to investors on Tuesday, January 30th.

PD has been the topic of a number of other research reports. Canaccord Genuity cut their target price on Precision Drilling from C$4.25 to C$3.75 in a research note on Monday, October 30th. BMO Capital Markets reiterated an outperform rating and issued a C$6.00 price objective on shares of Precision Drilling in a research note on Monday, October 30th. GMP Securities upped their price objective on Precision Drilling from C$5.75 to C$6.50 in a research note on Thursday, January 18th. Deutsche Bank reissued a hold rating and set a C$4.00 target price on shares of Precision Drilling in a report on Tuesday, October 10th. Finally, Royal Bank of Canada lowered their target price on shares of Precision Drilling from C$7.00 to C$6.00 and set an outperform rating on the stock in a report on Friday, October 6th. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Precision Drilling has an average rating of Buy and an average target price of C$5.90.

Precision Drilling (TSE PD) opened at C$4.28 on Tuesday. The stock has a market capitalization of $1,260.00, a PE ratio of -10.97 and a beta of 1.49. Precision Drilling has a 12 month low of C$2.89 and a 12 month high of C$7.47.

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Precision Drilling Company Profile

Precision Drilling Corporation (Precision) is an oilfield services company. The Company provides onshore drilling and completion and production services to exploration and production companies in the oil and natural gas industry. The Company operates through two segments: Contract Drilling Services, and Completion and Production Services.

Analyst Recommendations for Precision Drilling (TSE:PD)

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