Stifel As can be seen, he has lowered his targets for every company that he covers in this sector. GLTA
Cole Pereira, a oilfield services and energy infrastructure analyst at Stifel, made a series of target adjustments to stocks in his coverage universe on Thursday.
His changes include:
- Calfrac Well Services Ltd. ( “buy”) to $8.50 from $9. The average target is $8.80.
- Cathedral Energy Services Ltd. (“buy”) to $1.80 from $1.90. Average: $1.89.
- Ensign Energy Services Inc. ( “hold”) to $2.50 from $3. Average: $4.67.
- Pason Systems Inc. ( “hold”) to $14 from $15.50. Average: $16.92.
- PHX Energy Services Corp. ( “buy”) to $9.50 from $11. Average: $9.
- Precision Drilling Corp. ( “buy”) to $118 from $130. Average: $124.28.
- Stampede Drilling Inc. (SDI-X) to 40 cents from 45 cents. Average: 53 cents.
- Western Energy Services Corp. ( “hold”) to $3 from $3.15. Average: $3.08.