The Materials sector company, Precision Drill (PD), has received a rating update from a Wall Street analyst today. Analyst Andrew Bradford from Raymond James rated Precision Drill (PD) a Buy, setting a C$5.25 price target.
According to TipRanks.com, Bradford is ranked #5049 out of 5173 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Precision Drill with a C$4.57 average price target.
Precision Drill’s market cap is currently C$740.3M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.47.
Precision Drilling Corp. provides onshore drilling, completion, and production services to the oil and natural gas industry. It operates through the following segments: Contract Drilling Services; and Completion and Production Services.
The company’s shares closed on Wednesday at C$2.44, close to its 52-week low of C$2.25.
