Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Precision Drilling (PDS) and Continental Resources (CLR).
Precision Drilling (PDS)
In a report issued on November 29, Vladislav Vlad from Scotiabank downgraded Precision Drilling to Sell. The company’s shares closed yesterday at $2.30, close to its 52-week low of $2.19.
According to TipRanks.com, Vlad is ranked #1882 out of 5131 analysts.
Currently, the analyst consensus on Precision Drilling is a Strong Buy with an average price target of $4.53.
See today’s analyst top recommended stocks >>
Continental Resources (CLR)
In a report released yesterday, Henning Cosman from HSBC maintained a Hold rating on Continental Resources. The company’s shares closed yesterday at $45.72, close to its 52-week low of $43.53.
Currently, the analyst consensus on Continental Resources is a Moderate Buy with an average price target of $69.54, a 52.1% upside from current levels. In a report issued on November 15, Credit Suisse also maintained a Hold rating on the stock.
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