Precision Drilling Corp T.PD

ANALYSTS today

[Possibleidiot01]

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• Precision Drilling (TSE:PD) (NYSE:PDS) had its price target raised by analysts at Stifel Nicolaus from C$145.00 to C$150.00.This represents a 75.4% upside from the current price of C$85.50.
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• Precision Drilling (TSE:PD) (NYSE:PDS) had its price target raised by analysts at BMO Capital Markets from C$130.00 to C$140.00.This represents a 63.7% upside from the current price of C$85.50.
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• Precision Drilling (TSE:PD) (NYSE:PDS) had its price target raised by analysts at TD Securities from C$130.00 to C$135.00. They now have a "buy" rating on the stock.This represents a 57.9% upside from the current price of C$85.50.

[HighOctane89]

I would be dumping any drilling stocks I had , with algos crushing O&G pricing , producers are unlikely to drill any extra wells until north america starts appreciating our natural resources . In the mean time , the market doesn't want or need oil & gas so it looks like a very expensive winter when supply gets overwhelmed by demand . When we get there , then it will be time to load up

[Hightowntrader]

But I'm in this for less than 80 cents ($16.00 equivalent today), do I have to sell too?...lol... I do hear what you're saying HO89, but I'm pretty sure PD is fully booked for a while. Then again, with stupid ideas like "windfall taxes" floating around, PD would definately get kicked in the balls, as incentive to drill would suddenly die.

[HighOctane89]

To be fair , when I posted that PD was trading at $82 , bt Sept 26th it was down to $66 . That drop of $15/sh was a great buying opportunity , now today it has totally recovered , so we were both right .