Share on StockTwits

National Bank Financial hoisted their price target on shares of Xtreme Drilling and Coil Services Corp (TSE:XDC) from C$6.00 to C$6.50 in a research note issued on Friday. The firm currently has a “buy” rating on the stock. National Bank Financial’s target price points to a potential upside of 38.59% from the stock’s previous close.

Shares of Xtreme Drilling and Coil Services Corp (TSE:XDC) traded up 8.96% on Friday, hitting $5.11. 808,902 shares of the company’s stock traded hands. Xtreme Drilling and Coil Services Corp has a 52-week low of $2.20 and a 52-week high of $5.19. The stock’s 50-day moving average is $4.78 and its 200-day moving average is $4.20. The company’s market cap is $417.6 million.

Xtreme Drilling and Coil Services Corp (TSE:XDC) last issued its quarterly earnings data on Friday, May 9th. The company reported $0.04 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.07 by $0.03. On average, analysts predict that Xtreme Drilling and Coil Services Corp will post $0.29 earnings per share for the current fiscal year.

Separately, analysts at M Partners initiated coverage on shares of Xtreme Drilling and Coil Services Corp in a research note on Monday, May 5th. They set a “buy” rating and a C$6.50 price target on the stock.

Xtreme Drilling and Coil Services Corp. (TSE:XDC), formerly Xtreme Coil Drilling Corp.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.