Analyst Activity – Royal Bank of Canada Lowers Its Price Target On Trinidad Drilling (TSE:TDG) to C$4.50

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Analyst Ratings For Trinidad Drilling (TSE:TDG)

Today, Royal Bank of Canada lowered its price target on Trinidad Drilling (TSE:TDG) to C$4.50 per share.

There are 1 sell rating, 1 hold rating, 6 buy ratings, 1 strong buy rating on the stock.

The current consensus rating on Trinidad Drilling (TSE:TDG) is Buy (Score: 2.78) with a consensus target price of C$3.71 per share, a potential .

Some recent analyst ratings include

  • 2/9/2017-Scotiabank Reiterated Rating of Underperform.
  • 1/18/2017-AltaCorp Capital Upgrade from a “Sector Perform ” rating to a ” Outperform” rating.


    About Trinidad Drilling (TSE:TDG)
    Trinidad Drilling Ltd. is a Canada-based company, which operates in the drilling sector of the North American oil and natural gas industry, with operations in Canada and the United States. The Company operates through five segments, which include Canadian Operations, US and International Operations, Manufacturing Operations, Joint Venture Operations and Corporate. The Canadian Operations segment is engaged in providing land drilling services to the Canadian oil and gas industry. The US and International Operations segment is engaged in providing land and barge drilling services to the United States and international oil and gas industries. The Company’s Manufacturing Operations segment includes manufacturing work performed in each of the Canadian and the United States manufacturing divisions. The Joint Venture Operations segment consists of international joint ventures operations, which operate in the Ghwar fields in Saudi Arabia, and the Villahermosa and Miquetla region in Mexico.

    Recent Trading Activity for Trinidad Drilling (TSE:TDG)
    Shares of Trinidad Drilling closed the previous trading session at 2.57 up +0.03 1.18% with 1,341,712 shares trading hands.