Yesterday, an analyst has provided a rating update for the Materials sector company, Precision Drill (PD). Analyst Aaron Macneil from TD Securities rated Precision Drill (PD) a Buy, setting a C$5 price target.
According to TipRanks.com, Macneil is ranked #4792 out of 5120 analysts.
Precision Drill has an analyst consensus of Strong Buy, with a price target consensus of C$5.11.
Precision Drill’s market cap is currently C$790.3M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.46.
Precision Drilling Corp. provides onshore drilling, completion, and production services to the oil and natural gas industry. It operates through the Contract Drilling Services; and Completion and Production Services segments. The Contract Drilling Services segment includes drilling rig, directional drilling, oilfield supply, and manufacturing divisions.
The company’s shares closed on Monday at C$2.69, close to its 52-week low of C$2.25.
