Precision Drilling Co. (PD) Given Outperform Rating at BMO Capital Markets

BMO Capital Markets restated their outperform rating on shares of Precision Drilling Co. (TSE:PD) (NYSE:PDS) in a research note released on Monday morning. BMO Capital Markets currently has a C$6.00 price target on the stock.

Other equities research analysts have also issued research reports about the stock. Canaccord Genuity lowered their price target on shares of Precision Drilling from C$4.75 to C$4.25 in a report on Wednesday, August 2nd. CIBC boosted their price target on shares of Precision Drilling from C$8.00 to C$11.00 in a report on Thursday, July 20th. Royal Bank Of Canada lowered their price target on shares of Precision Drilling from C$7.00 to C$6.00 and set an outperform rating on the stock in a report on Friday, October 6th. Raymond James Financial, Inc. lowered their price target on shares of Precision Drilling from C$6.50 to C$5.75 and set a speculative buy rating on the stock in a report on Tuesday, August 22nd. Finally, Deutsche Bank AG reissued a hold rating and issued a C$4.00 price target on shares of Precision Drilling in a report on Tuesday, October 10th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus target price of C$6.25.

TRADEMARK VIOLATION WARNING: “Precision Drilling Co. (PD) Given Outperform Rating at BMO Capital Markets” was originally posted by Community Financial News and is owned by of Community Financial News. If you are reading this report on another site, it was illegally copied and reposted in violation of United States & international copyright laws. The original version of this report can be viewed at https://www.com-unik.info/2017/11/03/precision-drilling-co-pd-given-outperform-rating-at-bmo-capital-markets.html.

In other news, Director Kevin A. Neveu bought 10,000 shares of the stock in a transaction dated Monday, August 28th. The shares were acquired at an average price of C$3.13 per share, with a total value of C$31,300.00.

Precision Drilling Company Profile

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.

Analyst Recommendations for Precision Drilling (TSE:PD)

What are top analysts saying about Precision Drilling Co.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Precision Drilling Co. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit