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AKITA Drilling - AKT.A Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$2.80
  • Forecasted Upside: 87.29%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
C$1.50 As of 04/24/2024 01:00 AM ET
▼ -0.03 (-1.97%)

This chart shows the closing price for AKT.A by one month, three months, or twelve months.

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Analyst Price Target for AKT.A

Analyst Price Target is C$2.80
▲ +87.29% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for AKITA Drilling in the last 3 months. The average price target is C$2.80, with a high forecast of C$2.80 and a low forecast of C$2.80. The average price target represents a 87.29% upside from the last price of C$1.50.

This chart shows the closing price for AKT.A for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 1 contributing investment analysts is to buy stock in AKITA Drilling. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/1/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/29/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/27/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/25/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/24/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
3/22/2024ATB CapitalLower TargetC$3.30 ➝ C$2.80
2/5/2024ATB CapitalBoost TargetOutperformC$3.25 ➝ C$3.30
12/22/2023ATB CapitalLower TargetOutperformC$3.50 ➝ C$3.25
11/27/2023ATB CapitalLower TargetOutperformC$3.75 ➝ C$3.50
11/2/2023ATB CapitalLower TargetC$4.25 ➝ C$3.75
5/5/2023ATB CapitalLower TargetC$4.75 ➝ C$3.75
3/21/2023ATB CapitalBoost TargetC$4.25 ➝ C$5.00
3/21/2023BMO Capital MarketsLower TargetC$3.25 ➝ C$2.50
11/4/2022ATB CapitalBoost TargetC$3.25 ➝ C$4.25
11/4/2022BMO Capital MarketsUpgradeMarket Perform ➝ OutperformC$2.50 ➝ C$3.25
8/4/2022BMO Capital MarketsLower TargetC$3.00 ➝ C$2.50
5/6/2022BMO Capital MarketsReiterated RatingHoldC$3.00
3/15/2022ATB CapitalBoost TargetBuyC$2.40 ➝ C$2.65
3/15/2022BMO Capital MarketsReiterated RatingHoldC$1.50
3/14/2022BMO Capital MarketsBoost TargetC$1.00 ➝ C$2.00
3/2/2022ATB CapitalBoost TargetBuyC$1.60 ➝ C$2.40
11/5/2021ATB CapitalLower TargetNAC$1.85 ➝ C$1.50
10/14/2021ATB CapitalReiterated RatingSector Perform
10/12/2021ATB CapitalLower TargetC$2.00 ➝ C$1.85
1/12/2021ATB CapitalBoost TargetC$0.50 ➝ C$0.75
7/10/2020ATB CapitalLower TargetC$0.60 ➝ C$0.50
4/15/2020AltaCorp CapitalLower TargetC$1.00 ➝ C$0.65
9/10/2019BMO Capital MarketsLower TargetC$3.00 ➝ C$2.00
8/1/2019AltaCorp CapitalDowngradeOutperform ➝ Sector PerformC$4.00 ➝ C$3.00
8/1/2019BMO Capital MarketsLower TargetC$3.50 ➝ C$3.00
5/7/2019BMO Capital MarketsLower TargetC$5.00 ➝ C$3.50
(Data available from 4/25/2019 forward)

News Sentiment Rating

0.67 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/28/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/28/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/27/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/27/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/26/2024
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/25/2024
  • 0 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2024
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/25/2024

Current Sentiment

  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

  • No very positive mentions tracked during this time.
AKITA Drilling logo
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. As of December 31, 2018, the company had 17 wholly owned and operated drilling rigs in Canada; and 17 drilling rigs in the United States. It serves independent and multinational oil and gas companies. AKITA Drilling Ltd. was founded in 1964 and is headquartered in Calgary, Canada.
Read More

Today's Range

Now: C$1.50
Low: C$1.49
High: C$1.52

50 Day Range

MA: C$1.58
Low: C$1.45
High: C$1.80

52 Week Range

Now: C$1.50
Low: C$1.08
High: C$1.99

Volume

14,970 shs

Average Volume

32,823 shs

Market Capitalization

C$56.90 million

P/E Ratio

2.11

Dividend Yield

19.77%

Beta

1.99

Frequently Asked Questions

What sell-side analysts currently cover shares of AKITA Drilling?

The following Wall Street analysts have issued reports on AKITA Drilling in the last year: ATB Capital.
View the latest analyst ratings for AKT.A.

What is the current price target for AKITA Drilling?

1 Wall Street analysts have set twelve-month price targets for AKITA Drilling in the last year. Their average twelve-month price target is C$2.80, suggesting a possible upside of 87.3%. ATB Capital has the highest price target set, predicting AKT.A will reach C$2.80 in the next twelve months. ATB Capital has the lowest price target set, forecasting a price of C$2.80 for AKITA Drilling in the next year.
View the latest price targets for AKT.A.

What is the current consensus analyst rating for AKITA Drilling?

AKITA Drilling currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe AKT.A will outperform the market and that investors should add to their positions of AKITA Drilling.
View the latest ratings for AKT.A.

What other companies compete with AKITA Drilling?

Other companies that are similar to AKITA Drilling include Q Investments, Xtreme Drilling, Aveda Transportation and Energy Services, Pan Orient Energy and Eco Atlantic Oil & Gas. Learn More about companies similar to AKITA Drilling.

How do I contact AKITA Drilling's investor relations team?

AKITA Drilling's physical mailing address is 1000-333 7 Ave SW, CALGARY, AB T2P 2Z1, Canada. The company's listed phone number is +1-403-2927979. The official website for AKITA Drilling is www.akita-drilling.com. Learn More about contacing AKITA Drilling investor relations.