Analyst Activity – Citigroup Inc Lowers Its Price Target On Precision Drilling (TSE:PD) to C$7.00

Analyst Ratings For Precision Drilling (TSE:PD)

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Today, Citigroup Inc lowered its price target on Precision Drilling (TSE:PD) to C$7.00 per share.

There are 2 sell ratings, 3 hold ratings, 5 buy ratings on the stock.

The current consensus rating on Precision Drilling (TSE:PD) is Hold (Score: 2.30) with a consensus target price of C$8.85 per share, a potential .

Some recent analyst ratings include

  • 2/10/2017-Royal Bank of Canada Reiterated Rating of Outperform.
  • 2/10/2017-Scotiabank Reiterated Rating of Underperform.
  • 2/10/2017-Raymond James Financial, Inc. Upgrade from a “Underperform ” rating to a ” Market Perform” rating.
  • 1/19/2017-Deutsche Bank AG Upgrade from a “Hold ” rating to a ” Buy” rating.

    About Precision Drilling (TSE:PD)
    Precision Drilling Corporation (Precision) provides contract drilling, and completion and production services primarily to oil and natural gas exploration and production companies in Canada, the United States and certain international locations. It operates through two segments: Contract Drilling Services, and Completion and Production Services. The Contract Drilling Services segment includes Drilling rig operations in Canada, the United States and international, and Directional drilling operations in Canada and the United States. The Completion and Production Services segment includes service rigs and equipment rentals in Canada and the United States, and snubbing and coil tubing, camps and catering, and water systems in Canada. The Company’s operations in its segments are supported by business support systems, which include sales and marketing; procurement and distribution; manufacturing; equipment maintenance and certification, and engineering.

    Recent Trading Activity for Precision Drilling (TSE:PD)
    Shares of Precision Drilling closed the previous trading session at 6.22 down -0.07 -1.11% with 2,286,848 shares trading hands.

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