RBC Capital analyst Keith Mackey maintained a Buy rating on Precision Drilling today and set a price target of C$110.00. The company’s shares opened today at $57.18.
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Mackey covers the Energy sector, focusing on stocks such as Nabors Industries, Patterson-UTI, and Trican Well Service. According to TipRanks, Mackey has an average return of 19.3% and a 62.14% success rate on recommended stocks.
Currently, the analyst consensus on Precision Drilling is a Strong Buy with an average price target of $72.45.
PDS market cap is currently $787M and has a P/E ratio of 10.49.
Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PDS in relation to earlier this year.
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