Precision Drilling Corporation (NYSE:PDS) Analyst Rating Consensus

Precision Drilling Corporation (NYSE:PDS) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.45 by 11 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 6 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.

Other Equity analysts have also commented on the company shares. Equity analysts at the Brokerage firm Credit Suisse downgrades its rating on Precision Drilling Corporation (NYSE:PDS). The rating major has initiated the coverage with underperform rating on the shares. Earlier, the shares were rated a Neutral by the brokerage firm. The rating by the firm was issued on June 1, 2016.

Precision Drilling Corporation (NYSE:PDS) stock has received a short term price target of $ 4.96 from 11 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $1.45. The higher estimate of target price is $7 , while the lower price target estimate is $3

Precision Drilling Corporation (NYSE:PDS) rose 1.93% or 0.1 points on Tuesday and made its way into the gainers of the day. After trading began at $5.11 the stock was seen hitting $5.29 as a peak level and $5.065 as the lowest level. The stock ended up at $5.29. The daily volume was measured at 1,084,625 shares. The 52-week high of the share price is $6.954 and the 52-week low is $2.4301. The company has a market cap of $1,550 million.

Shares of Precision Drilling Corporation rose by 4.55% in the last five trading days and 18.34% for the last 4 weeks. Precision Drilling Corporation is up 21.05% in the last 3-month period. Year-to-Date the stock performance stands at 34.26%.

Precision Drilling Corporation (Precision) is an oilfield services company. The Company provides contract drilling, well servicing and strategic support services to customers. It provides customers with access to a fleet of contract drilling rigs, directional drilling services, well service and snubbing rigs, coiled tubing services, camps, rental equipment, and water treatment units backed by a mix of technical support services. The Company provides the equipment, personnel and support services, which enables drill, complete and workover onshore wells for conventional and unconventional crude oil and natural gas exploration and production. The Companys service lines include Drilling Rigs (Canada), Drilling Rigs (United States), Drilling Rigs (International), Directional Drilling (Canada and United States), Rig Builds and Repair Turnkey Drilling Services, Oilfield Supplies (Canada and United States) and Oilfield Equipment Rentals, among others.

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