Analysts Offer Insights on Energy Companies: Precision Drilling (PDS) and Paladin Energy Ltd (OtherPALAF)
Analysts have been eager to weigh in on the Energy sector with new ratings on Precision Drilling (PDS – Research Report) and Paladin Energy Ltd (PALAF – Research Report).
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Precision Drilling (PDS)
In a report issued on January 15, Keith Mackey from RBC Capital maintained a Buy rating on Precision Drilling, with a price target of C$119.00. The company’s shares closed last Friday at $74.01, close to its 52-week high of $79.07.
According to TipRanks.com, Mackey is a 5-star analyst with an average return of
Precision Drilling has an analyst consensus of Strong Buy, with a price target consensus of $84.90, which is a 13.7% upside from current levels. In a report released yesterday, TipRanks – OpenAI also upgraded the stock to Buy with a C$115.00 price target.
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Paladin Energy Ltd (PALAF)
In a report issued on January 15, Alistair Rankin from RBC Capital maintained a Hold rating on Paladin Energy Ltd, with a price target of A$9.50. The company’s shares closed last Friday at $7.38.
Paladin Energy Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $6.65, representing a -14.1% downside. In a report issued on January 13, TipRanks – xAI also initiated coverage with a Hold rating on the stock with a A$11.00 price target.
