How Analysts Feel About Precision Drilling Corporation (NYSE:PDS)?

September 14, 2018 - By Kristin Houston

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Precision Drilling Corporation (NYSE:PDS) Ratings Coverage

Among 3 analysts covering Precision Drilling (NYSE:PDS), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Precision Drilling had 4 analyst reports since April 5, 2018 according to SRatingsIntel. As per Friday, July 27, the company rating was maintained by Credit Suisse. On Thursday, April 5 the stock rating was maintained by Piper Jaffray with “Buy”. The rating was upgraded by Morgan Stanley to “Overweight” on Thursday, July 12. Morgan Stanley maintained it with “Equal-Weight” rating and $4.25 target in Wednesday, April 11 report. Below is a list of Precision Drilling Corporation (NYSE:PDS) latest ratings and price target changes.

27/07/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $3.8 New Target: $3.9 Maintain
12/07/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Overweight Old Target: $4.25 Upgrade
11/04/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $4.5 New Target: $4.25 Maintain
05/04/2018 Broker: Piper Jaffray Rating: Buy New Target: $3.5000 Maintain

The stock increased 0.84% or $0.03 during the last trading session, reaching $3.6. About 429,312 shares traded. Precision Drilling Corporation (NYSE:PDS) has risen 34.43% since September 14, 2017 and is uptrending. It has outperformed by 18.81% the S&P500.

Precision Drilling Corporation provides oil and natural gas drilling and related services and products. The company has market cap of $1.07 billion. The firm operates in two divisions, Contract Drilling Services, and Completion and Production Services. It currently has negative earnings. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil and natural gas industry.

Precision Drilling Corporation (NYSE:PDS) Ratings Chart

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