Canelson Drilling Inc CDLRF

Price Targets.

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March 12,2014.

Weekly Investment Analysts’ Ratings Changes for CanElson Drilling (CDI)

A number of stock research firms have changed their ratings and price targets for CanElson Drilling (CVE: CDI) during the last seven days:

• CanElson Drilling had its price target raised by analysts at Canaccord Genuity from C$7.75 to C$8.25. They now have a “buy” rating on the stock.
• CanElson Drilling had its price target raised by analysts at Pi Financial from C$7.50 to C$8.00. They now have a “buy” rating on the stock.
• CanElson Drilling had its price target raised by analysts at FirstEnergy Capital from C$7.75 to C$8.50.
• CanElson Drilling had its price target raised by analysts at Paradigm Capital from C$7.50 to C$8.00. They now have a “buy” rating on the stock.
• CanElson Drilling had its price target raised by analysts at National Bank Financial from C$8.00 to C$8.50. They now have an “outperform” rating on the stock.
• CanElson Drilling had its price target raised by analysts at NBF from C$8.00 to C$8.50. They now have an “outperform” rating on the stock.

Shares of CanElson Drilling Inc. (CVE:CDI) traded down 0.57% during mid-day trading on Wednesday, hitting $6.93. The stock had a trading volume of 75,808 shares. CanElson Drilling Inc. has a one year low of $4.31 and a one year high of $7.23. The stock has a 50-day moving average of $6.52 and a 200-day moving average of $6.36. The company has a P/E ratio of 13.67.

CanElson Drilling Inc (CVE:CDI) is a Canada-based company is engaged in operating land-based contract drilling rigs in Canada, the United States and Mexico for oil and natural gas exploration and development companies.