Trinidad Drilling Ltd. (TDG) Scheduled to Post Earnings on Wednesday
Trinidad Drilling Ltd. (TSE:TDG) is scheduled to be releasing its earnings data after the market closes on Wednesday, November 8th. Analysts expect Trinidad Drilling to post earnings of C($0.06) per share for the quarter.
Shares of Trinidad Drilling Ltd. (TSE TDG) opened at C$1.67 on Monday. Trinidad Drilling Ltd. has a twelve month low of C$1.43 and a twelve month high of C$3.77.
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Several research firms have weighed in on TDG. Canaccord Genuity lowered their target price on Trinidad Drilling from C$3.50 to C$2.50 in a report on Tuesday, July 11th. Royal Bank Of Canada decreased their price objective on Trinidad Drilling from C$3.50 to C$3.00 and set an “outperform” rating on the stock in a research note on Friday, October 6th. National Bank Financial decreased their price objective on Trinidad Drilling from C$3.25 to C$2.60 in a research note on Thursday, August 3rd. BMO Capital Markets raised Trinidad Drilling from a “market perform” rating to an “outperform” rating and set a C$3.00 price objective on the stock in a research note on Thursday, August 3rd. Finally, CIBC decreased their price objective on Trinidad Drilling from C$2.75 to C$2.50 in a research note on Friday, October 20th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Trinidad Drilling has a consensus rating of “Buy” and an average price target of C$3.04.
About Trinidad Drilling
Trinidad Drilling Ltd. is a Canada-based company, which operates in the drilling sector of the North American oil and natural gas industry, with operations in Canada and the United States. The Company operates through five segments, which include Canadian Operations, US and International Operations, Manufacturing Operations, Joint Venture Operations and Corporate.
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