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ATB Capital Markets Sticks to Their Buy Rating for Precision Drilling (PDS)

Tipranks - Tipranks - Wed Feb 18, 8:52AM CST

ATB Capital Markets analyst Tim Monachello maintained a Buy rating on Precision Drilling yesterday and set a price target of C$135.00.

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According to TipRanks, Monachello is an analyst with an average return of -35.8% and a 9.68% success rate.

In addition to ATB Capital Markets, Precision Drilling also received a Buy from Piper Sandler’s Derek Podhaizer in a report issued today. However, on February 12, TD Cowen maintained a Hold rating on Precision Drilling (NYSE: PDS).

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The company has a one-year high of C$122.65 and a one-year low of C$51.38. Currently, Precision Drilling has an average volume of 90.19K.

Based on the recent corporate insider activity of 62 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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