Precision Drilling Co. (TSE:PD) Given Consensus Rating of “Moderate Buy” by Brokerages

Posted by on Jul 4th, 2026

Shares of Precision Drilling Co. (TSE:PD – Get Free Report) (NYSE:PDS) have received an average rating of “Moderate Buy” from the six brokerages that are covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is C$152.25.

PD has been the subject of several recent analyst reports. ATB Cormark Capital Markets upped their target price on shares of Precision Drilling from C$165.00 to C$175.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. Royal Bank Of Canada increased their price target on shares of Precision Drilling from C$140.00 to C$150.00 and gave the company an “outperform” rating in a report on Tuesday, April 14th. TD boosted their price objective on Precision Drilling from C$127.00 to C$130.00 and gave the stock a “hold” rating in a research note on Friday, May 1st. Raymond James Financial upped their price objective on Precision Drilling from C$162.00 to C$165.00 and gave the company an “outperform” rating in a research report on Friday, May 1st. Finally, Canadian Imperial Bank of Commerce raised their price objective on Precision Drilling from C$150.00 to C$160.00 in a research note on Friday, May 1st.

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Precision Drilling Stock Up 2.3%

Shares of PD stock opened at C$109.62 on Friday. The company has a current ratio of 1.70, a quick ratio of 1.36 and a debt-to-equity ratio of 45.24. The stock has a market cap of C$1.42 billion, a P/E ratio of -105.40, a P/E/G ratio of -3.24 and a beta of 0.42. Precision Drilling has a 12 month low of C$66.52 and a 12 month high of C$143.81. The company has a 50 day simple moving average of C$125.43 and a two-hundred day simple moving average of C$118.90.

Precision Drilling (TSE:PD – Get Free Report) (NYSE:PDS) last released its earnings results on Thursday, April 30th. The company reported C$1.34 earnings per share for the quarter. Precision Drilling had a negative return on equity of 0.94% and a negative net margin of 0.82%.The company had revenue of C$526.05 million for the quarter.

About Precision Drilling

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Precision is a leading provider of safe and environmentally responsible High Performance, High Value services to the energy industry, offering customers access to an extensive fleet of Super Series drilling rigs. Precision has commercialized an industry-leading digital technology portfolio known as Alpha¿ that utilizes advanced automation software and analytics to generate efficient, predictable, and repeatable results for energy customers. Our drilling services are enhanced by our EverGreen¿ suite of environmental solutions, which bolsters our commitment to reducing the environmental impact of our operations.

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