Analyst Activity – TD Securities Raises Its Price Target On Major Drilling Group Int’l (TSE:MDI) to C$9.50

Analyst Ratings For Major Drilling Group Int’l (TSE:MDI)

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Today, TD Securities raised its price target on Major Drilling Group Int’l (TSE:MDI) to C$9.50 per share.

There are 1 hold rating, 2 buy ratings on the stock.

The current consensus rating on Major Drilling Group Int’l (TSE:MDI) is Buy (Score: 2.67) with a consensus target price of C$8.25 per share, a potential .

Some recent analyst ratings include

  • 12/5/2016-Royal Bank of Canada Reiterated Rating of Sector Perform.
  • 8/25/2016-Beacon Securities Reiterated Rating of Buy.

    About Major Drilling Group Int’l (TSE:MDI)
    Major Drilling Group International Inc. is a drilling services company. The Company is engaged in the business of contract drilling for companies primarily involved in mining and mineral exploration. The Company operates through three geographical segments, which include Canada – U.S., South and Central America, and Asia and Africa. The Company also has its operations in Mexico and Europe. The Company provides a range of drilling services, including surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive/longhole drilling and a range of drilling-related mine services. The Company categorizes its mineral drilling services into three types: specialized drilling, conventional drilling and underground drilling.

    Recent Trading Activity for Major Drilling Group Int’l (TSE:MDI)
    Shares of Major Drilling Group Int’l closed the previous trading session at 8.16 up +0.56 7.37% with 223,186 shares trading hands.

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