Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Akita Drilling: Stocks Overvalued by Analyst Consensus on TSX (AKT-B)

AI-generated - The Globe and Mail - Fri Dec 6, 2024

Akita Drilling Ltd is among the group of overvalued stocks on the Toronto Stock Exchange. This means the consensus value for each stock on this list is below its current price.

This report is generated monthly. It provides the close price and target price for these companies along with the number of analysts covering the stock. Also included is the fiscal year for the target price as sometimes these analyst targets are not for the current or even the next fiscal year. Stocks in this category are generally sold to preserve capital.

There may be a number of reasons why a company would be on this list. Companies with a large analyst following with a difference in price versus target are worth exploring in more detail.

SymbolNameTarget YearClose PriceTarget Price MeanCurrencyTarget Price # Estimates
BMOBank of Montreal2025139.73134.375CAD8
CMCanadian Imperial Bank of Commerce202593.5493CAD8
SLFSun Life Financial Inc202587.9887CAD7
CCOCameco Corp202585.7484.625CAD8
FTSFortis Inc202562.9962.5714CAD7
HHydro One Ltd202546.744.5714CAD7
MRUMetro Inc202593.5491.2857CAD7
EMAEmera Inc202555.6855.1429CAD7
IAGiA Financial Corp Inc2025136.17134.4286CAD7
KEYKeyera Corp202546.1844.7143CAD7
CPXCapital Power Corp202565.5759.2857CAD7
CTCCanadian Tire Corp Ltd2025222.75166.25CAD8
SOBOSouth Bow Corp202535.734.123CAD7
TATransAlta Corp202517.9416.625CAD8
CWBCanadian Western Bank202558.7557.5833CAD6
CIXCI Financial Corp202531.0328.75CAD4
AIFAltus Group Ltd202559.258.4286CAD7
TVKTerraVest Industries Inc2025118.95109.6667CAD3
SILSilverCrest Metals Inc202514.9314.3CAD5
LBLaurentian Bank of Canada202529.0227.5714CAD7
VBNKVersaBank202525.2920CAD1
PZAPizza Pizza Royalty Corp202513.3513CAD1
DLCGDominion Lending Centres Inc20257.756.375CAD2
YYellow Pages Ltd202511.710.5CAD1
AKT-BAkita Drilling Ltd20254.552.75CAD1

All data provided as of December 06, 2024.

More about Akita Drilling Ltd

Akita Drilling Ltd is a Canadian oil and gas drilling contractor. The company is engaged in providing contract drilling services, mainly to the oil and gas industry, in Canada and the United States. The company owns and operates over 35 drilling rigs. It is also involved in the drilling related to potash mining and the development of storage caverns.

Akita Drilling Ltd is listed under AKT-B on the Toronto Stock Exchange.

Artificial intelligence at Report on Business

Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.