Precision Drilling Corp has a consensus price target of $115 based on the ratings of 5 analysts. The high is $125 issued by RBC Capital on September 13, 2023. The low is $95 issued by Piper Sandler on July 15, 2024. The 3 most-recent analyst ratings were released by Piper Sandler on July 15, 2024, May 6, 2024, and February 20, 2024, respectively. With an average price target of $92.33 between Piper Sandler, there's an implied 50.14% upside for Precision Drilling Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Precision Drilling (NYSE:PDS) was reported by Piper Sandler on July 15, 2024. The analyst firm set a price target for $95.00 expecting PDS to rise to within 12 months (a possible 54.47% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Precision Drilling (NYSE:PDS) was provided by Piper Sandler, and Precision Drilling maintained their overweight rating.
There is no last upgrade for Precision Drilling
There is no last downgrade for Precision Drilling.
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 July 15, 2024 so you should expect the next rating to be made available sometime around July 15, 2025.
While ratings are subjective and will change, the latest Precision Drilling (PDS) rating was a maintained with a price target of $101.00 to $95.00. The current price Precision Drilling (PDS) is trading at is $61.50, which is out of the analyst’s predicted range.
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