How Many Major Drilling Group International Inc. (TSE:MDI)’s Analysts Are Bearish?

January 3, 2018 - By Louis Casey

 How Many Major Drilling Group International Inc. (TSE:MDI)'s Analysts Are Bearish?

Major Drilling Group International Inc. (TSE:MDI) Ratings Coverage

Among 3 analysts covering Major Drilling Group (TSE:MDI), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Major Drilling Group had 10 analyst reports since September 14, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Monday, November 30 with “Sector Perform”. RBC Capital Markets maintained the stock with “Sector Perform” rating in Monday, December 5 report. The firm earned “Hold” rating on Friday, September 8 by TD Securities. TD Securities maintained it with “Buy” rating and $9 target in Friday, December 9 report. The firm has “Buy” rating by Paradigm Research given on Wednesday, June 7. TD Securities upgraded it to “Buy” rating and $9 target in Friday, June 10 report. Below is a list of Major Drilling Group International Inc. (TSE:MDI) latest ratings and price target changes.

08/09/2017 Broker: TD Securities Old Rating: Buy New Rating: Hold Old Target: $9.50 New Target: $9.00 Downgrade

The stock increased 0.99% or $0.07 during the last trading session, reaching $7.14. About 12,655 shares traded. Major Drilling Group International Inc. (TSE:MDI) has 0.00% since January 3, 2017 and is . It has underperformed by 16.70% the S&P500.

Major Drilling Group International Inc. primarily provides drilling services for mining and mineral exploration companies. The company has market cap of $573.34 million. It offers surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, and underground percussive/longhole drilling services; and surface drill and blast services, as well as various drilling-related mine services. It currently has negative earnings. The firm has a fleet of approximately 646 drilling rigs.

Another recent and important Major Drilling Group International Inc. (TSE:MDI) news was published by Fool.ca which published an article titled: “Is Major Drilling Group Int’l Inc. the Next Commodity Stock to Surge?” on June 13, 2017.

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