BMO Capital Markets Trims AKITA Drilling Ltd. Class A (AKT.A) Target Price to C$5.00

AKITA Drilling Ltd. Class A (TSE:AKT.A) had its target price reduced by BMO Capital Markets from C$6.50 to C$5.00 in a research note released on Wednesday. They currently have a market perform rating on the stock.

Shares of AKT.A stock opened at C$4.46 on Wednesday. AKITA Drilling Ltd. Class A has a fifty-two week low of C$6.52 and a fifty-two week high of C$9.23.

AKITA Drilling Ltd. Class A Company Profile

AKITA Drilling Ltd. (AKITA) is engaged in providing contract drilling services, primarily to the oil and gas industry. The Company is involved in other forms of drilling, including potash mining and the development of storage caverns. The Company owns and operates approximately 31 drilling rigs in Canada.

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