$68.60
0.73[1.08%]
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Precision Drilling
(NYSE:PDS)Precision Drilling Stock (NYSE:PDS), Analyst Ratings, Price Targets, Predictions
Precision Drilling Corp has a consensus price target of $62, established from looking at the 26 latest analyst ratings. The last 3 analyst ratings were released from Piper Sandler, RBC Capital, and Raymond James on February 20, 2024, September 13, 2023, and August 3, 2023. With an average price target of $107 between Piper Sandler, RBC Capital, and Raymond James, there's an implied 57.65% upside for Precision Drilling Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Piper Sandler
RBC Capital
Raymond James
Benchmark
Piper Sandler
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Precision Drilling
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 02/20/2024 | PDS | Buy Now | Precision Drilling | $67.87 | 19.35% | Piper Sandler | Luke Lemoine | $100 → $81 | Maintains | Overweight | Get Alert |
| 09/13/2023 | PDS | Buy Now | Precision Drilling | $67.87 | 84.18% | RBC Capital | Keith Mackey | $118 → $125 | Maintains | Outperform | Get Alert |
| 08/03/2023 | PDS | Buy Now | Precision Drilling | $67.87 | 69.44% | Raymond James | Andrew Bradford | $110 → $115 | Maintains | Strong Buy | Get Alert |
| 07/31/2023 | PDS | Buy Now | Precision Drilling | $67.87 | 57.65% | Piper Sandler | Luke Lemoine | $90 → $107 | Maintains | Overweight | Get Alert |
| 07/30/2023 | PDS | Buy Now | Precision Drilling | $67.87 | 73.86% | RBC Capital | Keith Mackey | $100 → $118 | Maintains | Outperform | Get Alert |
| 07/09/2023 | PDS | Buy Now | Precision Drilling | $67.87 | 47.34% | RBC Capital | Keith Mackey | → $100 | Maintains | Outperform | Get Alert |
| 05/01/2023 | PDS | Buy Now | Precision Drilling | $67.87 | 34.08% | Piper Sandler | Luke Lemoine | $115 → $91 | Maintains | Overweight | Get Alert |
| 04/27/2023 | PDS | Buy Now | Precision Drilling | $67.87 | 76.81% | RBC Capital | Keith Mackey | $130 → $120 | Maintains | Outperform | Get Alert |
| 04/14/2023 | PDS | Buy Now | Precision Drilling | $67.87 | 91.54% | RBC Capital | Keith Mackey | → $130 | Maintains | Outperform | Get Alert |
| 02/17/2023 | PDS | Buy Now | Precision Drilling | $67.87 | — | Benchmark | Kurt Hallead | — | Initiates | → Hold | Get Alert |
| 02/10/2023 | PDS | Buy Now | Precision Drilling | $67.87 | 113.64% | RBC Capital | Keith Mackey | → $145 | Maintains | Outperform | Get Alert |
| 01/18/2023 | PDS | Buy Now | Precision Drilling | $67.87 | 113.64% | RBC Capital | Keith Mackey | $145 → $145 | Maintains | Outperform | Get Alert |
| 10/31/2022 | PDS | Buy Now | Precision Drilling | $67.87 | 113.64% | RBC Capital | Keith Mackey | → $145 | Maintains | Outperform | Get Alert |
| 07/07/2022 | PDS | Buy Now | Precision Drilling | $67.87 | 129.85% | RBC Capital | Keith Mackey | → $156 | Maintains | Outperform | Get Alert |
| 06/01/2022 | PDS | Buy Now | Precision Drilling | $67.87 | 84.18% | Piper Sandler | Ian Macpherson | $110 → $125 | Maintains | Overweight | Get Alert |
| 04/29/2022 | PDS | Buy Now | Precision Drilling | $67.87 | 116.59% | RBC Capital | Keith Mackey | $135 → $147 | Maintains | Outperform | Get Alert |
| 04/13/2022 | PDS | Buy Now | Precision Drilling | $67.87 | 98.91% | RBC Capital | Keith Mackey | → $135 | Maintains | Outperform | Get Alert |
| 04/13/2022 | PDS | Buy Now | Precision Drilling | $67.87 | 69.44% | Piper Sandler | Ian Macpherson | $85 → $115 | Maintains | Overweight | Get Alert |
| 02/11/2022 | PDS | Buy Now | Precision Drilling | $67.87 | 19.35% | RBC Capital | Keith Mackey | $71 → $81 | Maintains | Outperform | Get Alert |
FAQ
What is the target price for Precision Drilling (PDS)?
The latest price target for Precision Drilling (NYSE: PDS) was reported by Piper Sandler on February 20, 2024. The analyst firm set a price target for $81.00 expecting PDS to rise to within 12 months (a possible 18.08% upside). 8 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Precision Drilling (PDS)?
The latest analyst rating for Precision Drilling (NYSE: PDS) was provided by Piper Sandler, and Precision Drilling maintained their overweight rating.
When was the last upgrade for Precision Drilling (PDS)?
The last upgrade for Precision Drilling Corp happened on August 24, 2021 when Canaccord Genuity raised their price target to $50. Canaccord Genuity previously had a hold for Precision Drilling Corp.
When was the last downgrade for Precision Drilling (PDS)?
The last downgrade for Precision Drilling Corp happened on July 14, 2021 when CIBC changed their price target from N/A to N/A for Precision Drilling Corp.
When is the next analyst rating going to be posted or updated for Precision Drilling (PDS)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Precision Drilling, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Precision Drilling was filed on February 20, 2024 so you should expect the next rating to be made available sometime around February 20, 2025.
Is the Analyst Rating Precision Drilling (PDS) correct?
While ratings are subjective and will change, the latest Precision Drilling (PDS) rating was a maintained with a price target of $100.00 to $81.00. The current price Precision Drilling (PDS) is trading at is $68.60, which is out of the analyst’s predicted range.
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