Investment Analysts’ Recent Ratings Updates for Trinidad Drilling (TDG)

Trinidad Drilling (TSE: TDG) has recently received a number of price target changes and ratings updates:

  • 2/6/2018 – Trinidad Drilling had its price target lowered by analysts at Canaccord Genuity from C$2.10 to C$2.00.
  • 1/30/2018 – Trinidad Drilling was upgraded by analysts at TD Securities from a “hold” rating to a “buy” rating. They now have a C$2.50 price target on the stock, up previously from C$2.00.
  • 1/30/2018 – Trinidad Drilling had its price target lowered by analysts at Raymond James Financial, Inc. from C$2.75 to C$2.55. They now have an “outperform” rating on the stock.
  • 1/23/2018 – Trinidad Drilling had its price target raised by analysts at CIBC from C$2.25 to C$2.50.
  • 1/18/2018 – Trinidad Drilling had its price target raised by analysts at GMP Securities from C$2.00 to C$2.25.
  • 1/9/2018 – Trinidad Drilling had its price target raised by analysts at Raymond James Financial, Inc. from C$2.35 to C$2.55. They now have an “outperform” rating on the stock.
  • 12/18/2017 – Trinidad Drilling had its price target raised by analysts at Raymond James Financial, Inc. from C$2.20 to C$2.35. They now have an “outperform” rating on the stock.

Shares of Trinidad Drilling Ltd. (TDG) traded up C$0.02 during mid-day trading on Tuesday, reaching C$1.71. The company’s stock had a trading volume of 231,302 shares, compared to its average volume of 614,393. The stock has a market capitalization of $462.14, a P/E ratio of -6.11 and a beta of 1.37. Trinidad Drilling Ltd. has a 52 week low of C$1.43 and a 52 week high of C$2.86.

Trinidad Drilling Ltd. is a Canada-based company, which operates in the drilling sector of the North American oil and natural gas industry, with operations in Canada and the United States. The Company operates through five segments, which include Canadian Operations, US and International Operations, Manufacturing Operations, Joint Venture Operations and Corporate.

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