CIBC Cuts Precision Drilling Co. (PD) Price Target to C$9.00

CIBC Cuts Precision Drilling Co. (PD) Price Target to C$9.00

CIBC Cuts Precision Drilling Co. (PD) Price Target to C$9.00

Recently stock market analysts updated their outstanding price targets on shares of Precision Drilling Corporation (NYSE:PDS). In this case, The stock price has rallied 35.83% in the past 12 Weeks, but analyzing the 6 month charts for the stock, the price continues to stay positive and keep the rally at 30.05%.

Precision Drilling Corporation (NYSE:PDS) now has a consensus Price Target of $6.5. The Company provides contract drilling, well servicing and strategic support services to the oil and gas industry in North America and internationally. The Completion and Production Services segment includes service rigs and equipment rentals in Canada and the United States, and snubbing and coil tubing, camps and catering, and water systems in Canada.

In the last Quarter, Precision Drilling Corporation (NYSE:PDS) reported its Actual EPS of $-0.16/share.

PDS has been the topic of several other research reports. Citigroup Initiates Coverage On the company's stock to Neutral on 12/14/16 with no specific Price Target. TD Securities reaffirmed a buy rating and issued a C$9.50 price objective on shares of Precision Drilling in a research report on Wednesday, December 14th.

The 22 analysts offering 12-month price forecasts for Precision Drilling Corp have a median target of 6.83, with a high estimate of 9.00 and a low estimate of 3.25.

01/06/2017 - Precision Drilling Corporation was upgraded to " by analysts at Piper Jaffray.

Precision Drilling Corporation (NYSE:PDS) has tumbled 0.17% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 6.42% in the last four weeks.

1 analysts rated the stock of UDR, Inc.

Precision Drilling Corporation (NYSE:PDS) topped its 52-week high price of $6.25 on Dec 12, 2016 and 52-Week Low Price of $2.45 on Feb 11, 2016.

A number of analysts offered their Estimated Earnings analysis for Precision Drilling Corporation (NYSE:PDS) for the current quarter. The company had a trading volume of 164,977 shares.

10/24/2016 - Precision Drilling Corporation was upgraded to " by analysts at Scotiabank. The firm's market cap is $1.74 billion. LPL Financial LLC now owns 25,090 shares of the company's stock valued at $104,000 after buying an additional 892 shares during the last quarter. If you are reading this story on another publication, it was illegally stolen and reposted in violation of US & worldwide copyright laws.

09/06/2016 - Precision Drilling Corporation was upgraded to " by analysts at Jefferies.

Several hedge funds have recently modified their holdings of PDS. Energy Opportunities Capital Management LLC boosted its stake in Precision Drilling Corporation by 442.6% in the third quarter. The reported EPS for the same quarter a year ago was $0.2. Dalton Greiner Hartman Maher & Co. boosted its position in shares of Precision Drilling Corporation by 7.2% in the third quarter.

The stock is now trading at a distance of -2.45% from SMA-20. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp boosted its position in shares of Precision Drilling Corporation by 37.2% in the third quarter. The stock gained a consensus recommendation of 2 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell.

05/31/2016 - Precision Drilling Corporation had its " rating reiterated by analysts at Raymond James. CIBC World Markets Inc. now owns 470,019 shares of the company's stock valued at $1,965,000 after buying an additional 76,612 shares during the period.

04/19/2016 - Precision Drilling Corporation had its "overweight" rating reiterated by analysts at Morgan Stanley.

Precision Drilling Corporation (Precision) provides contract drilling, and completion and production services primarily to oil and natural gas exploration and production companies in Canada, the United States and certain worldwide locations.

Recommended News

  • One Stock Analysts Are Watching - ENERGY TRANSFER PARTNERS (NYSE:ETP)

    Investors of record on Tuesday, February 7th will be paid a dividend of 1.055 per share on Tuesday, February 14th. ENERGY TRANSFER PARTNERS (NYSE:ETP) last announced its quarterly earnings results on Wednesday, November 9th.
    Drew Barrymore Opens Up About Her Dating Life Following Her Divorce

    Drew Barrymore Opens Up About Her Dating Life Following Her Divorce

    On the other side of the story, Barrymore admitted that she lose an ample amount of weight while filming this new zombie show. The actress lost 20 pounds by playing the zombie/loving housewife Sheila. "It really was so positive for me".

    Senate Committee Approves Rex Tillerson Nomination By 1 Vote Majority

    Tillerson is also the first big test of how Rubio plans to deal with Trump, with whom he clashed in the campaign. Rubio's questioning was pointed, and he focused in particular on Tillerson's views of Russian Federation .
  • Resident Evil 7 Biohazard Guide: Steroid Syringes Location

    Resident Evil 7 Biohazard Guide: Steroid Syringes Location

    Here's hoping that if the Nintendo Switch does take off, Resident Evil 7 will make an appearance further down the line. Take a look at the full stream of the speed run posted above if you don't mind spoiling the video game title.

    Allman Brothers Band Drummer Butch Trucks Shot Himself In The Head

    Butch Trucks, drummer and founding member of Southern rock pioneers the Allman Brothers Band, has died at the age of 69. Butch Trucks of the Allman Brothers in 2011. "I've lost another brother and it hurts beyond words.
    Dead Rising 4 Update Bringing Street Fighter Outfits, Free Trial, And More

    Dead Rising 4 Update Bringing Street Fighter Outfits, Free Trial, And More

    Last but not least, a demo will become available for those who haven't decided yet if Dead Rising 4 is worth their full attention. On January 30, all Dead Rising 4 players will be able to access five Street Fighter-inspired outfits for free.
  • Russian Federation grounds Proton-M rocket for 3 1/2 months

    The Proton-M rocket, a stalwart of the Russian space program, is used primarily for military and commercial satellite launches. Russian officials have since said that the explosion was caused by a fault in the third stage engine of the rocket.
    Chinese New Year facts and trivia you need to know

    Chinese New Year facts and trivia you need to know

    That's because the holiday is based on the lunar calendar as opposed to the solar calendar we're used to using. They have been exclusively designed for the event by Asian-Australian artists and reach up to 10 metres tall.
    The internet really hates Mirka Federer's Australian open outfit

    The internet really hates Mirka Federer's Australian open outfit

    Nadal emerged victorious in the deciding set 6-2 to prevent Federer from equalling Pete Sampras' record of 14 Grand Slam titles. Nadal, 20, successfully defended his French Open title and established his reputation as the world's best player on clay.
  • The Aurinia Pharmaceuticals Inc (AUPH) Upgraded to Buy by Zacks Investment Research

    The difference between Actual EPS and Estimated EPS was -0.07 Percent. (NASDAQ:AUPH) could bring EPS of $-0.14/share. Leerink Swann Initiates Coverage on the stock to Outperform on 2/02/15 by stationing a price target of $8.
    PHOTO Jill Duggar and Derick Dillard reveal sex of second baby

    PHOTO Jill Duggar and Derick Dillard reveal sex of second baby

    If Jill has even half the amount of children her mother Michelle ended up havin, she's bound to see a "her" in there somewhere. Let's all congratulate Jill on her sure-to-be precious baby boy! But it looks like Jill is only having one baby.
    Google Pixel vs Samsung Galaxy S7 - Which One Takes The Cake

    Google Pixel vs Samsung Galaxy S7 - Which One Takes The Cake

    The Google Pixel and Pixel XL are barely four months in the market after Google rolled out the two smartphones in October 2016. However, as per 9To5Google, a budge-friendly Google Pixel 2 will also be released as Google is looking to increase sales.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.