Impact of Brokerage Rating on Precision Drilling Corporation(PDS)

Many Precision Drilling Corporation(PDS) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Precision Drilling Corp (USA) was Upgraded by Raymond James to Mkt Perform on Feb 10, 2017. Precision Drilling Corp (USA) was Upgraded by JP Morgan to Overweight on Feb 3, 2017. Precision Drilling Corp (USA) was Upgraded by Deutsche Bank to Buy on Jan 19, 2017. Precision Drilling Corp (USA) was Downgraded by Raymond James to Underperform on Jan 12, 2017. Precision Drilling Corp (USA) was Upgraded by Piper Jaffray to Overweight on Jan 6, 2017.

Precision Drilling Corp (USA) Last issued its quarterly earnings results on Feb 9, 2017. The company reported $-0.10 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $-0.15. The company had revenue of $283.90 million for the quarter, compared to analysts expectations of $265.77 million. The companys revenue was down -17.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.93 EPS.

Precision Drilling Corporation (NYSE:PDS) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2 by 10 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.

Precision Drilling Corporation (NYSE:PDS): The mean short term price target for Precision Drilling Corporation (NYSE:PDS) has been established at $7.02 per share. The higher price target estimate is at $9 and the lower price target estimate is expected at $5 according to 6 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $1.6

Precision Drilling Corporation (NYSE:PDS) rose 2.15% or 0.12 points on Tuesday and made its way into the gainers of the day. After trading began at $5.63 the stock was seen hitting $5.71 as a peak level and $5.53 as the lowest level. The stock ended up at $5.69. The daily volume was measured at 2,062,359 shares. The 52-week high of the share price is $6.25 and the 52-week low is $2.86. The company has a market cap of $1,669 million.

Precision Drilling Corporation is an oilfield services company. The Company provides contract drilling, well servicing and strategic support services to the oil and gas industry in North America and internationally. It provides land drilling, directional drilling, turnkey drilling, camp and catering services, procures and distributes oilfield supplies. It also offers service rigs for well completion and workover services, snubbing services and wastewater treatment services, tubulars, well control equipment, wellsite accommodations. Precision Drilling Corporation is headquartered in Calgary, Canada.

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