Major Drilling Group International Inc. (TSE:MDI) has analysts on the Bullish side this week.

January 20, 2018 - By Marie Mckinney

 Major Drilling Group International Inc. (TSE:MDI) has analysts on the Bullish side this week.

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 TD Securities on Friday, December 9 with “Buy”. The company was upgraded on Wednesday, June 7 by Paradigm Research. TD Securities downgraded the shares of MDI in report on Friday, September 8 to “Hold” rating. The firm has “Sector Perform” rating given on Monday, November 30 by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Monday, December 5 with “Sector Perform”. The rating was upgraded by TD Securities on Friday, June 10 to “Buy”. 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 decreased 2.87% or $0.19 during the last trading session, reaching $6.42. About 191,110 shares traded or 160.97% up from the average. Major Drilling Group International Inc. (TSE:MDI) has 0.00% since January 20, 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 $515.53 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.

More news for Major Drilling Group International Inc. (TSE:MDI) were recently published by: Fool.ca, which released: “Is Major Drilling Group Int’l Inc. the Next Commodity Stock to Surge?” on June 13, 2017. Fool.ca‘s article titled: “This 9-Stock Portfolio Pummels the TSX” and published on August 31, 2017 is yet another important article.

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