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Tudor Pickering Believes Precision Drilling (PDS) Won’t Stop Here

Tudor Pickering analyst Taylor Zurcher reiterated a Buy rating on Precision Drilling (PDSResearch Report) today. The company’s shares closed last Thursday at $47.92, close to its 52-week high of $50.42.

Zurcher has an average return of 29.9% when recommending Precision Drilling.

According to TipRanks.com, Zurcher is ranked #7023 out of 7790 analysts.

Currently, the analyst consensus on Precision Drilling is a Strong Buy with an average price target of $54.45.

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The company has a one-year high of $50.42 and a one-year low of $19.65. Currently, Precision Drilling has an average volume of 52.1K.

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Precision Drilling Corp. provides onshore drilling, completion, and production services to the oil and natural gas industry. It operates through the following segments: Contract Drilling Services; and Completion and Production Services. The Contract Drilling Services segment includes drilling rig, directional drilling, oilfield supply, and manufacturing divisions. The Completion and Production Services segment involves snubbing, rental, camp and catering, and wastewater treatment divisions. The company was founded on March 25, 1985 and is headquartered in Calgary, Canada.

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