Brian James Gibson Acquires 35000 Shares of Precision Drilling Co

Xavier Trudeau
Août 14, 2017

A number of other equities analysts also recently issued reports on the company.

Precision Drilling Corporation (NYSE:PDS) (TSE:PD)'s stock had its "buy" rating restated by investment analysts at Jefferies Group LLC in a note issued to investors on Wednesday, August 2nd. Raymond James Financial, Inc. upgraded Precision Drilling Corporation from an outperform rating to a strong-buy rating in a report on Thursday, July 6th. Precision Drilling Corporation had a negative net margin of 12.38% and a negative return on equity of 7.00%. Vanguard Group Inc. boosted its position in Precision Drilling Corporation by 7.3% in the second quarter. They presently have a $4.50 target price on the oil and gas company's stock, down from their previous target price of $6.00. The average twelve-month target price among brokers that have issued a report on the stock in the a year ago is C$8.18. The business's revenue was up 68.0% on a year-over-year basis. Finally, Canaccord Genuity decreased their target price on Precision Drilling from C$6.50 to C$4.75 in a research report on Tuesday, July 11th. During the same period in the previous year, the firm posted ($0.20) EPS.

Precision Drilling Corporation (NYSE:PDS) traded up 0.34% during midday trading on Friday, hitting $2.95. Piper Jaffray Companies downgraded Precision Drilling Corporation from an overweight rating to a neutral rating and reduced their price target for the company from $5.00 to $3.25 in a report on Thursday, June 29th.

ILLEGAL ACTIVITY NOTICE: "Somewhat Positive News Coverage Somewhat Unlikely to Impact Precision Drilling Corporation (PDS) Share Price" was published by Stock Observer and is the property of of Stock Observer.

According to analysts Precision Drilling Corp (NYSE:PDS)'s minimum EPS for the current quarter is at $-0.1 and can go high up to $-0.06. 2,726,963 shares of the company were exchanged. The stock was bought at an average price of C$3.58 per share, for a total transaction of C$125,300.00. The firm has a 50-day moving average of $3.95 and a 200-day moving average of $5.47. Princeton Alpha Management LP raised its stake in shares of Precision Drilling Corporation by 18.3% in the first quarter. Quantbot Technologies LP acquired a new stake in shares of Precision Drilling Corporation during the first quarter valued at about $102,000.

COPYRIGHT VIOLATION WARNING: "Somewhat Positive News Coverage Somewhat Unlikely to Affect Precision Drilling Corporation (PDS) Stock Price" was originally reported by BNB Daily and is owned by of BNB Daily. Finally, Scotiabank reaffirmed a "sector perform" rating and issued a C$8.00 price target on shares of Precision Drilling in a research note on Tuesday, April 25th. Ferguson Wellman Capital Management Inc. now owns 915,680 shares of the oil and gas company's stock valued at $3,122,000 after buying an additional 8,990 shares during the last quarter. The firm's market capitalization is $865.05 million. If you are accessing this article on another website, it was illegally stolen and republished in violation of US and worldwide copyright law. The oil and gas company reported ($0.09) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.16) by $0.07. The legal version of this report can be viewed at

In terms of Buy, Sell or Hold recommendations, Precision Drilling Corp (NYSE:PDS) has analysts' mean recommendation of 2.1.

Hedge funds have recently modified their holdings of the stock. The Company provides onshore drilling and completion and production services to exploration and production companies in the oil and natural gas industry.

D'autres rapports CampDesrEcrues

Discuter de cet article