Precision Drilling Corp (USA) (NYSE:PDS) had its Buy rating reiterated by Piper Jaffray Companies with a $5.25 price target

Analyst Ratings For Precision Drilling Corp (USA) (NYSE:PDS)

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Today, Piper Jaffray Companies reiterated its Buy rating on Precision Drilling Corp (USA) (NYSE:PDS) with a price target of $5.25.

There are 6 Buy Ratings, 3 Hold Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Precision Drilling Corp (USA) (NYSE:PDS) is Buy with a consensus target price of $4.7714 per share, a potential 34.79% upside.

Some recent analyst ratings include

  • 7/31/2018-Piper Jaffray Companies Reiterated Rating of Buy.
  • 7/12/2018-Morgan Stanley Upgrade from a “Equal Weight ” rating to a ” Overweight” rating.
  • 11/7/2017-Scotiabank was Downgraded by analysts at Scotiabank from a “Sector Perform ” rating to a ” Underperform” rating. They now have a N/A price target on the stock.
  • 10/10/2017-Deutsche Bank initiated coverage with a Hold rating.

    About Precision Drilling Corp (USA) (NYSE:PDS)
    Precision Drilling Corporation provides oil and natural gas drilling and related services and products. The company operates in two segments, Contract Drilling Services, and Completion and Production Services. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil and natural gas industry. This segment's services include land drilling, directional drilling, and turnkey drilling; and procurement and distribution of oilfield supplies, as well as manufacture and refurbishment of drilling and service rig equipment. As of December 31, 2016, this segment operated 255 land drilling rigs, including 135 in Canada; 103 in the United States; 5 in Mexico; 4 in Saudi Arabia; 5 in Kuwait; 2 in the Kurdistan region of Iraq; and 1 in the country of Georgia. The Completion and Production Services segment offers completion and workover services, and ancillary services to oil and natural gas exploration and production companies. It provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; snubbing units for pressure control services; camp and catering services; and water system services. This segment also engages in the rental of oilfield surface equipment, and wellsite accommodations. This segment operated 196 well completion and workover service rigs, and 11 snubbing units in Canada and the United States; approximately 2,200 oilfield rental items, including surface storage, small-flow wastewater treatment, and power generation and solids control equipment; and 132 wellsite accommodation units in Canada. It also had 43 drilling camps and 4 base camps in Canada; and 10 large-flow wastewater treatment units, 24 pump houses, and 8 potable water production units in Canada. Precision Drilling Corporation was founded in 1951 and is headquartered in Calgary, Canada.

    Recent Trading Activity for Precision Drilling Corp (USA) (NYSE:PDS)
    Shares of Precision Drilling Corp (USA) closed the previous trading session at 3.57 −0.050 1.38% with 400438 shares trading hands.

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