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$4.75 price target.
According to TipRanks.com, Bradford is ranked #5184 out of 5249 analysts.
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Precision Drill has an analyst consensus of Strong Buy, with a price target consensus of C$4.50, an 114.3% upside from current levels. In a report issued on July 12, Morgan Stanley also maintained a Buy rating on the stock.
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Precision Drill’s market cap is currently C$640.3M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.41.
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 Friday at C$2.10.
