Analysts Offer Insights on Energy Companies: Select Energy Services (WTTR) and Precision Drilling (PDS)

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Select Energy Services (WTTR – Research Report) and Precision Drilling (PDS – Research Report) with bullish sentiments.

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Select Energy Services (WTTR)

Citi analyst Scott Gruber maintained a Buy rating on Select Energy Services today and set a price target of $14.00. The company’s shares closed last Wednesday at $11.51.

According to TipRanks.com, Gruber is a 5-star analyst with an average return of 10.6% and a 53.2% success rate. Gruber covers the NA sector, focusing on stocks such as Solaris Energy Infrastructure, California Resources Corp, and Oceaneering International. ;'>

Select Energy Services has an analyst consensus of Strong Buy, with a price target consensus of $13.90, implying a 35.0% upside from current levels. In a report issued on October 13, Texas Capital Securities also initiated coverage with a Buy rating on the stock with a $18.00 price target.

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Precision Drilling (PDS)

CIBC analyst Jamie Kubik maintained a Buy rating on Precision Drilling yesterday and set a price target of C$110.00. The company’s shares closed last Wednesday at $55.37.

According to TipRanks.com, Kubik is a 5-star analyst with an average return of 11.3% and a 53.4% success rate. Kubik covers the NA sector, focusing on stocks such as Tamarack Valley Energy, Paramount Resources, and Freehold Royalties. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Precision Drilling with a $81.09 average price target, which is a 47.3% upside from current levels. In a report issued on October 9, Freedom Capital Markets also initiated coverage with a Buy rating on the stock with a $106.00 price target.

Read More on WTTR:

Disclaimer & DisclosureReport an Issue

• Select Water Solutions initiated with a Buy at Texas Capital
• Select Energy Services Implements Executive Severance Agreements