Major Drilling Group Int'l (MDI) PT Lowered to C$8.00 at TD Securities

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.

In related news, insider Denis Joseph Larocque acquired 10,000 shares of the firm’s stock in a transaction dated Tuesday, December 5th. The shares were purchased at an average price of C$6.57 per share, for a total transaction of C$65,700.00. Also, Director David Buchanan Tennant acquired 4,400 shares of the firm’s stock in a transaction dated Friday, September 8th. The stock was bought at an average price of C$7.06 per share, for a total transaction of C$31,064.00. In the last quarter, insiders bought 27,475 shares of company stock worth $185,377.

WARNING: “Major Drilling Group Int'l (MDI) PT Lowered to C$8.00 at TD Securities” was originally published by Community Financial News and is the property of of Community Financial News. If you are viewing this report on another website, it was illegally copied and republished in violation of U.S. and international copyright law. The original version of this report can be accessed at https://www.com-unik.info/2017/12/07/major-drilling-group-intl-mdi-pt-lowered-to-c8-00-at-td-securities.html.

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.

Analyst Recommendations for Major Drilling Group Int'l (TSE:MDI)

What are top analysts saying about Major Drilling Group Int'l Inc.? - 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 Major Drilling Group Int'l Inc. 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