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Precision Drilling (PD) Stock Forecast & Price Target

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C$87.79 +0.04 (+0.05%)
(As of 11:43 AM ET)

Precision Drilling - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
0
Buy
9

Based on 9 Wall Street analysts who have issued ratings for Precision Drilling in the last 12 months, the stock has a consensus rating of "Buy." Out of the 9 analysts, 8 have given a buy rating, and 1 has given a strong buy rating for PD.

Consensus Price Target

C$126.00
43.52% Upside
According to the 9 analysts' twelve-month price targets for Precision Drilling, the average price target is C$126.00. The highest price target for PD is C$142.00, while the lowest price target for PD is C$100.00. The average price target represents a forecasted upside of 43.52% from the current price of C$87.79.
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PD Analyst Ratings Over Time

TypeCurrent Forecast
12/4/23 to 12/3/24
1 Month Ago
11/4/23 to 11/3/24
3 Months Ago
9/5/23 to 9/4/24
1 Year Ago
12/4/22 to 12/4/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$126.00C$126.90C$131.00C$125.64
Forecasted Upside43.52% Upside53.15% Upside44.35% Upside62.26% Upside
Consensus Rating
Buy
Buy
Buy
Buy

PD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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PD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Precision Drilling Stock vs. The Competition

TypePrecision DrillingEnergy Companies
Consensus Rating Score
3.11
2.80
Consensus RatingBuyModerate Buy
News Sentiment Rating
Positive News

See Recent PD News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/15/2024Raymond James
4 of 5 stars
 Lower TargetC$143.00 ➝ C$142.00+70.10%
10/8/2024TD Securities
4 of 5 stars
 Lower TargetBuyC$140.00 ➝ C$120.00+39.31%
10/4/2024BMO Capital Markets
4 of 5 stars
 Lower TargetC$140.00 ➝ C$130.00+47.43%
9/23/2024ATB Capital
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 Lower TargetC$123.00 ➝ C$113.00+27.70%
8/1/2024Royal Bank of Canada
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 Boost TargetOutperformC$122.00 ➝ C$125.00+20.81%
7/31/2024CIBC
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 Boost TargetOutperformC$130.00 ➝ C$140.00+34.42%
4/18/2024Stifel Nicolaus
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 Boost TargetBuyC$115.00 ➝ C$125.00+32.63%
2/7/2024Evercore
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 Lower TargetOutperformC$142.00 ➝ C$139.00+65.69%
1/8/2024Piper Sandler Companies
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 Lower TargetOverweightC$107.00 ➝ C$100.00+41.92%
11/21/2023National Bankshares
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 Set TargetC$135.00+74.13%
7/5/2023Atlantic Securities
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 Lower TargetC$143.00 ➝ C$140.00+114.46%
3/29/2023Canaccord Genuity Group
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 UpgradeHold ➝ BuyC$100.00 ➝ C$90.00+27.77%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 12:18 PM ET.


PD Forecast - Frequently Asked Questions

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Precision Drilling is C$126.00, with a high forecast of C$142.00 and a low forecast of C$100.00.

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Precision Drilling in the last twelve months. There are currently 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PD shares.

According to analysts, Precision Drilling's stock has a predicted upside of 43.52% based on their 12-month stock forecasts.

Precision Drilling has been rated by research analysts at ATB Capital, BMO Capital Markets, Raymond James, and TD Securities in the past 90 days.

Analysts like Precision Drilling more than other "energy" companies. The consensus rating for Precision Drilling is Buy while the average consensus rating for "energy" companies is Moderate Buy. Learn more on how PD compares to other companies.


This page (TSE:PD) was last updated on 12/3/2024 by MarketBeat.com Staff
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