Canadian analysts reportedly revise ratings and targets for Altius Minerals, Ensign Energy Services and Precision Drilling
PDS•TD Cowen raised its Ensign Energy Services and Precision Drilling ratings to buy from hold, lifting their price targets to C$4.75 from C$3.50 and C$150 from C$116, respectively.
1. Rating changes
TD Cowen raised its ratings on Ensign Energy Services and Precision Drilling to buy from hold. It raised Ensign’s price target to C$4.75 from C$3.50 and Precision Drilling’s to C$150 from C$116.
2. Other analyst actions
The research roundup also included target-price changes for Canadian companies across mining, energy, telecommunications and other sectors. Among them, TD Cowen raised Altius Minerals’ target to C$67 from C$65, while BMO raised Alimentation Couche-Tard’s target to C$98 from C$90 and its rating to outperform from market perform.
