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RBC Capital Sticks to Its Buy Rating for Precision Drilling (PDS)


Markets
In a report released today, Keith Mackey from RBC Capital maintained a Buy rating on Precision Drilling (PDS – Research Report), with a price target of C$44.00. The company’s shares closed last Friday at $25.03, close to its 52-week high of $28.82.
According to TipRanks.com, Mackey is ranked #1840 out of 7467 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Precision Drilling with a $34.71 average price target, representing a 35.3% upside. In a report issued on April 15, National Bank also upgraded the stock to Buy with a C$40.00 price target.
Based on Precision Drilling’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $202 million and GAAP net loss of $37.52 million. In comparison, last year the company earned revenue of $372 million and had a GAAP net loss of $1.06 million. ....

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Thursday's analyst upgrades and downgrades - The Globe and Mail

Thursday's analyst upgrades and downgrades - The Globe and Mail
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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Wednesday's analyst upgrades and downgrades - The Globe and Mail

Wednesday's analyst upgrades and downgrades - The Globe and Mail
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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