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Precision Drilling Corp. (TSE:PD)
TSX:PD
Canadian Market

Precision Drilling (PD) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

PD Analyst Ratings

Strong Buy
8Ratings
6 Buy
2 Hold
0 Sell
Based on 8 analysts giving stock ratings to
Precision
Drilling
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

PD Stock 12 Month Forecast

Average Price Target

C$111.62
▲(65.90% Upside)
Based on 8 Wall Street analysts offering 12 month price targets for Precision Drilling in the last 3 months. The average price target is C$111.62 with a high forecast of C$141.00 and a low forecast of C$89.00. The average price target represents a 65.90% change from the last price of C$67.28.
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Highest Price TargetC$141.00Average Price TargetC$111.62Lowest Price TargetC$89.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Evercore ISI
C$123
Buy
82.82%
Upside
Assigned
10/31/24
Evercore ISI Remains a Buy on Precision Drilling (PDS)
Piper Sandler
C$135.67
Buy
101.65%
Upside
Reiterated
07/31/24
Piper Sandler Sticks to Their Buy Rating for Precision Drilling (PDS)
Stifel Nicolaus
C$115C$125
Buy
85.79%
Upside
Reiterated
04/18/24
Precision Drilling (PD:CN) (PDS) PT Raised to Cdn$125 at Stifel CanadaStifel Canada analyst Cole Pereira raised the price target on Precision Drilling (PD:CN) (NYSE: PDS) to Cdn$125.00 (from Cdn$115.00) while maintaining a Buy rating.
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Evercore ISI
C$123
Buy
82.82%
Upside
Assigned
10/31/24
Evercore ISI Remains a Buy on Precision Drilling (PDS)
Piper Sandler
C$135.67
Buy
101.65%
Upside
Reiterated
07/31/24
Piper Sandler Sticks to Their Buy Rating for Precision Drilling (PDS)
Stifel Nicolaus
C$115C$125
Buy
85.79%
Upside
Reiterated
04/18/24
Precision Drilling (PD:CN) (PDS) PT Raised to Cdn$125 at Stifel CanadaStifel Canada analyst Cole Pereira raised the price target on Precision Drilling (PD:CN) (NYSE: PDS) to Cdn$125.00 (from Cdn$115.00) while maintaining a Buy rating.
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PD Analyst Recommendation Trends

Rating
Oct 24
Dec 24
Jan 25
Feb 25
Mar 25
Strong Buy
14
10
11
8
9
Buy
0
0
0
0
0
Hold
0
0
0
3
3
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
14
10
11
11
12
In the current month, PD has received 9 Buy Ratings, 3 Hold Ratings, and 0 Sell Ratings. PD average Analyst price target in the past 3 months is C$111.62.
Each month's total comprises the sum of three months' worth of ratings.

PD Financial Forecast

PD Earnings Forecast

Next quarter’s earnings estimate for PD is C$2.26 with a range of C$1.72 to C$2.83. The previous quarter’s EPS was C$1.06. PD beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 50.00% of the time in the same period. In the last calendar year PD has Outperformed its overall industry.
Next quarter’s earnings estimate for PD is C$2.26 with a range of C$1.72 to C$2.83. The previous quarter’s EPS was C$1.06. PD beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 50.00% of the time in the same period. In the last calendar year PD has Outperformed its overall industry.

PD Sales Forecast

Next quarter’s sales forecast for PD is C$519.81M with a range of C$484.60M to C$578.51M. The previous quarter’s sales results were C$468.17M. PD beat its sales estimates 50.00% of the time in past 12 months, while its overall industry beat sales estimates 50.94% of the time in the same period. In the last calendar year PD has Outperformed its overall industry.
Next quarter’s sales forecast for PD is C$519.81M with a range of C$484.60M to C$578.51M. The previous quarter’s sales results were C$468.17M. PD beat its sales estimates 50.00% of the time in past 12 months, while its overall industry beat sales estimates 50.94% of the time in the same period. In the last calendar year PD has Outperformed its overall industry.

PD Stock Forecast FAQ

What is TSE:PD’s average 12-month price target, according to analysts?
Based on analyst ratings, Precision Drilling Corp.’s 12-month average price target is C$111.62.
    What is TSE:PD’s upside potential, based on the analysts’ average price target?
    Precision Drilling Corp. has 65.90% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is TSE:PD a Buy, Sell or Hold?
          Precision Drilling Corp. has a consensus rating of Strong Buy which is based on 6 buy ratings, 2 hold ratings and 0 sell ratings.
            What is Precision Drilling Corp.’s price target?
            The average price target for Precision Drilling Corp. is C$111.62. This is based on 8 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is C$141.00 ,the lowest forecast is C$89.00. The average price target represents 65.90% Increase from the current price of C$67.28.
              What do analysts say about Precision Drilling Corp.?
              Precision Drilling Corp.’s analyst rating consensus is a Strong Buy. This is based on the ratings of 8 Wall Streets Analysts.
                How can I buy shares of TSE:PD?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
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