AKITA Drilling (TSE:AKT.A) had its price target lowered by investment analysts at BMO Capital Markets from C$5.00 to C$3.50 in a research report issued on Tuesday, BayStreet.CA reports. BMO Capital Markets’ price target would suggest a potential upside of 18.44% from the company’s current price.
AKITA Drilling stock opened at C$2.96 on Tuesday. AKITA Drilling has a 12 month low of C$6.52 and a 12 month high of C$9.23.
AKITA Drilling Company Profile
AKITA Drilling Ltd. provides provides contract drilling services in Canada and the United States. The company is involved in the drilling of oil and gas wells; other forms of drilling related to potash mining; and development of storage caverns. It specializes in pad and other purpose-built drilling rigs; and conventional, directional, horizontal, and underbalanced drilling, as well as provides specialized drilling services.
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