Precision Drilling (PD) – Research Analysts’ Weekly Ratings Changes

Several analysts have recently updated their ratings and price targets for Precision Drilling (TSE: PD):

• 10/30/2026 – Precision Drilling was downgraded by Freedom Broker from “strong-buy” to “hold”.
• 10/29/2026 – Precision Drilling had its price target raised by Raymond James Financial from C$170.00 to C$175.00. They now have an “outperform” rating on the stock.
• 10/29/2026 – Precision Drilling had its price target raised by ATB Cormark Capital Markets from C$170.00 to C$190.00. They now have an “outperform” rating on the stock.
• 10/29/2026 – Precision Drilling had its price target raised by TD from C$150.00 to C$182.00. They now have a “buy” rating on the stock.
• 10/26/2026 – Precision Drilling was upgraded by National Bank Financial from “hold” to “outperform”. They now have a C$185.00 price target on the stock, up from C$150.00.
• 10/20/2026 – Precision Drilling was upgraded by TD Securities from “hold” to “strong-buy”.
• 10/20/2026 – Precision Drilling was upgraded by TD from “hold” to “buy”. They now have a C$150.00 price target on the stock, up from C$116.00.

Precision Drilling Stock Up 0.2%

Shares of PD traded up C$0.25 during midday trading on Tuesday, reaching C$130.49. 13,582 shares of the stock were exchanged, compared to its average volume of 88,415. The company has a market cap of C$1.64 billion, a price-to-earnings ratio of -527.09, a P/E/G ratio of -3.24 and a beta of 0.52. The firm has a 50 day simple moving average of C$125.32 and a 200-day simple moving average of C$122.65. The company has a quick ratio of 1.36, a current ratio of 1.48 and a debt-to-equity ratio of 43.53. Precision Drilling Co. has a 12-month low of C$78.76 and a 12-month high of C$157.05.

Precision Drilling (TSE:PD) (NYSE:PDS) last issued its quarterly earnings data on Wednesday, October 28th. The company reported C$1.65 earnings per share for the quarter. Precision Drilling had a negative return on equity of 0.32% and a negative net margin of 0.26%. The business had revenue of C$531.65 million for the quarter.

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.