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Raymond James Sticks to Their Buy Rating for Precision Drilling (PDS)

Tipranks - Tipranks - Sat Feb 14, 5:54PM CST

In a report released today, Luke Davis from Raymond James maintained a Buy rating on Precision Drilling, with a price target of C$143.00.

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Davis covers the Energy sector, focusing on stocks such as Precision Drilling, Paramount Resources, and Advantage Energy. According to TipRanks, Davis has an average return of 24.7% and a 64.00% success rate on recommended stocks.

In addition to Raymond James, Precision Drilling also received a Buy from CIBC’s Jamie Kubik in a report issued today. However, yesterday, TD Cowen maintained a Hold rating on Precision Drilling (NYSE: PDS).

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PDS market cap is currently C$1.58B and has a P/E ratio of -17,501.43.

Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PDS in relation to earlier this year.

Read More on PDS:

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