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Precision Drilling (TSE: PD) received a number of ratings updates from brokerages and research firms in the last week:

  • Precision Drilling had its price target raised by analysts at Raymond James from C$11.50 to C$11.75. They now have an “outperform” rating on the stock.
  • Precision Drilling had its price target raised by analysts at Barclays from C$11.00 to C$12.00. They now have an “equal weight” rating on the stock.
  • Precision Drilling had its price target raised by analysts at TD Securities from C$14.00 to C$15.00. They now have a “buy” rating on the stock.
  • Precision Drilling had its price target raised by analysts at Scotiabank from C$13.00 to C$14.50. They now have an “outperform” rating on the stock.
  • Precision Drilling was upgraded by analysts at Pi Financial from a “neutral” rating to a “buy” rating.
  • Precision Drilling had its price target raised by analysts at Raymond James from C$11.75 to C$13.00. They now have an “outperform” rating on the stock.
  • Precision Drilling had its price target raised by analysts at Cowen and Company from C$11.50 to C$12.00.

Precision Drilling Co. (TSE:PD) opened at 11.64 on Wednesday. Precision Drilling Co. has a 52 week low of $7.47 and a 52 week high of $11.69. The stock has a 50-day moving average of $10.07 and a 200-day moving average of $10.32. The company has a market cap of $3.294 billion and a price-to-earnings ratio of 381.33.

Precision Drilling Corporation (TSE:PD) is a provider of contract drilling and completion and production services primarily to oil and natural gas exploration and production companies in Canada and the United States.

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