Analyst Activity – Scotiabank Reiterates Sector Perform on Precision Drilling (TSE:PD)

Analyst Ratings For Precision Drilling (TSE:PD)

Story continues below

Today, Scotiabank reiterated its Sector Perform rating on Precision Drilling (TSE:PD) with a price target of C$8.00.

There are 4 hold ratings, 6 buy ratings on the stock.

The current consensus rating on Precision Drilling (TSE:PD) is Buy (Score: 2.60) with a consensus target price of C$8.88 per share, a potential .

Some recent analyst ratings include

  • 4/25/2017-Scotiabank Reiterated Rating of Sector Perform.
  • 4/25/2017-BMO Capital Markets Reiterated Rating of Outperform.
  • 4/25/2017-Raymond James Financial, Inc. Reiterated Rating of Market Perform.
  • 2/10/2017-Royal Bank of Canada Reiterated Rating of Outperform.
  • 1/19/2017-Deutsche Bank AG Upgrade from a “Hold ” rating to a ” Buy” rating.

    About Precision Drilling (TSE:PD)
    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. The Contract Drilling Services segment operates its rigs in Canada, the United States and internationally. The Completion and Production Services segment provides completion and workover services and ancillary services to oil and natural gas exploration and production companies in Canada and the United States. As of December 31, 2016, the Contract Drilling Services segment consisted of 255 land drilling rigs, including 135 in Canada, 103 in the United States, five in Mexico, four in Saudi Arabia, five in Kuwait, two in the Kurdistan region of Iraq and one in the country of Georgia.

    Recent Trading Activity for Precision Drilling (TSE:PD)
    Shares of Precision Drilling closed the previous trading session at 5.54 down -0.10 -1.77% with 1,903,472 shares trading hands.

    An ad to help with our costs