NYSE:PDS

Precision Drilling (PDS) Price Target & Analyst Ratings

$67.12

-1.81 (-2.63%)

(As of 09/29/2023 08:53 PM ET)

Compare

Today's Range: $66.19
▼
$69.33
50-Day Range: $58.05
▼
$72.59
52-Week Range: $41.56
▼
$87.36

Volume: 77,700 shs
Average Volume: 64,762 shs
Market Capitalization: $913.50 million

P/E Ratio: 9.47
Dividend Yield: N/A
Price Target: $66.00

Precision Drilling Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Buy
Based on 5 Analyst Ratings

Consensus Analyst Price Target

$128.50
91.45% Upside

High Prediction	$150.00
Average Prediction	$128.50
Low Prediction	$107.00

Type	Current 10/2/22 to 10/2/23	1 Month Ago 9/2/22 to 9/2/23	3 Months Ago 7/4/22 to 7/4/23	1 Year Ago 10/2/21 to 10/2/22
Consensus Rating	Buy	Buy	Moderate Buy	Moderate Buy
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	4 Buy rating(s)	3 Buy rating(s)	1 Buy rating(s)	6 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	1 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$128.50	$128.50	$120.50	$97.50
Predicted Upside	91.45% Upside	78.37% Upside	69.77% Upside	72.88% Upside

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PDS Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PDS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Precision Drilling Stock vs. The Competition

Type	Precision Drilling	Oils/Energy Companies	S&P 500
Consensus Rating Score	3.20	2.56	2.49
Consensus Rating	Buy	Moderate Buy	Hold
Predicted Upside	91.45% Upside	385.33% Upside	698.21% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/13/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	C$118.00 ➝ C$125.00
9/8/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$130.00 ➝ C$135.00
8/3/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Strong-Buy ➝ Strong-Buy	C$110.00 ➝ C$115.00
7/31/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$90.00 ➝ $107.00	+62.34%
7/28/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$100.00 ➝ C$110.00
7/28/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$105.00 ➝ C$125.00
7/19/2023	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
4/14/2023	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Jamie Kubik Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		C$150.00 ➝ C$135.00

(Data available from 10/2/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

PDS Price Target - Frequently Asked Questions

What is Precision Drilling's consensus rating and price target?: According to the issued ratings of 5 analysts in the last year, the consensus rating for Precision Drilling stock is Buy based on the current 4 buy ratings and 1 strong buy rating for PDS. The average twelve-month price prediction for Precision Drilling is $128.50 with a high price target of $150.00 and a low price target of $107.00. Learn more on PDS's analyst rating history.
Do Wall Street analysts like Precision Drilling more than its competitors?: Analysts like Precision Drilling more than other Oils/Energy companies. The consensus rating for Precision Drilling is Buy while the average consensus rating for oils/energy companies is Moderate Buy. Learn more on how PDS compares to other companies.
Is Precision Drilling being upgraded by Wall Street analysts?: Over the previous 90 days, Precision Drilling's stock had 1 upgrade by analysts.

Does Precision Drilling's stock price have much upside?: According to analysts, Precision Drilling's stock has a predicted upside of 78.10% based on their 12-month price targets.
What analysts cover Precision Drilling?: Precision Drilling has been rated by Benchmark, BMO Capital Markets, Piper Sandler, Raymond James, Royal Bank of Canada, Stifel Nicolaus, and TD Securities in the past 90 days.

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This page (NYSE:PDS) was last updated on 10/2/2023 by MarketBeat.com Staff

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