Major Drilling Group Int'l (TSE:MDI) had its price objective decreased by TD Securities from C$9.00 to C$8.00 in a report issued on Monday morning. TD Securities currently has a hold rating on the stock.
A number of other equities research analysts also recently weighed in on the company. Beacon Securities downgraded Major Drilling Group Int'l from a buy rating to a hold rating in a research report on Thursday, September 7th. Eight Capital upgraded Major Drilling Group Int'l from a neutral rating to a buy rating in a research report on Wednesday, September 20th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of C$8.19.
Shares of Major Drilling Group Int'l (TSE:MDI) opened at C$6.29 on Monday. Major Drilling Group Int'l has a 12-month low of C$6.10 and a 12-month high of C$8.69.
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About Major Drilling Group Int'l
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.
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