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Major Drilling Group International - MDI Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$14.00
  • Forecasted Upside: 44.03%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
C$9.72 As of 04/25/2024 01:00 AM ET
▲ +0.22 (2.32%)

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

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Analyst Price Target for MDI

Analyst Price Target is C$14.00
▲ +44.03% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Major Drilling Group International in the last 3 months. The average price target is C$14.00, with a high forecast of C$14.00 and a low forecast of C$14.00. The average price target represents a 44.03% upside from the last price of C$9.72.

This chart shows the closing price for MDI 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 polled investment analysts is to buy stock in Major Drilling Group International. 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
11/2/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/31/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/1/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/28/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/26/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/25/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
2/27/2024TD SecuritiesLower TargetBuyC$14.50 ➝ C$14.00
9/8/2022TD SecuritiesLower TargetBuyC$16.00 ➝ C$14.50
6/10/2022Stifel NicolausBoost TargetC$15.00 ➝ C$20.50
6/9/2022TD SecuritiesBoost TargetBuyC$14.00 ➝ C$16.00
6/9/2022LaurentianBoost TargetC$14.00 ➝ C$17.50
6/8/2022Royal Bank of CanadaBoost TargetOutperformC$14.00 ➝ C$15.00
3/7/2022Royal Bank of CanadaBoost TargetOutperformC$12.00 ➝ C$14.00
3/7/2022TD SecuritiesBoost TargetBuyC$12.50 ➝ C$14.00
12/6/2021Laurentian Bank of CanadaBoost TargetMarket PerformC$13.00
12/6/2021LaurentianBoost TargetC$11.00 ➝ C$13.00
9/8/2021Royal Bank of CanadaReiterated RatingOutperformC$12.00
9/2/2021Royal Bank of CanadaReiterated RatingBuyC$12.00
6/17/2021TD SecuritiesBoost TargetBuyC$12.50 ➝ C$13.00
6/15/2021Royal Bank of CanadaReiterated RatingOutperformC$12.00
5/19/2021TD SecuritiesBoost TargetBuyC$9.50 ➝ C$13.00
5/18/2021Laurentian Bank of CanadaBoost TargetBuyC$11.00
5/18/2021LaurentianBoost TargetC$9.00 ➝ C$11.00
5/18/2021Royal Bank of CanadaBoost TargetOutperformC$9.00 ➝ C$12.00
3/8/2021TD SecuritiesBoost TargetC$9.00 ➝ C$9.50
12/14/2020TD SecuritiesBoost TargetBuyC$8.00 ➝ C$8.50
12/14/2020Royal Bank of CanadaBoost TargetOutperformC$8.00 ➝ C$9.00
9/10/2020TD SecuritiesBoost TargetBuyC$6.00 ➝ C$8.00
9/10/2020Royal Bank of CanadaBoost TargetOutperformC$6.00 ➝ C$8.00
8/26/2020Laurentian Bank of CanadaBoost TargetC$6.75 ➝ C$8.00
8/26/2020LaurentianBoost TargetC$6.75 ➝ C$8.00
6/15/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$6.00
4/2/2020TD SecuritiesLower TargetBuyC$8.00 ➝ C$6.00
10/9/2019TD SecuritiesBoost TargetBuyC$6.50 ➝ C$8.00
9/10/2019Beacon SecuritiesUpgradeHold ➝ Buy
9/10/2019TD SecuritiesUpgradeHold ➝ BuyC$5.50 ➝ C$6.50
6/11/2019TD SecuritiesLower TargetHoldC$6.00 ➝ C$5.50
4/30/2019LaurentianSet TargetBuyC$6.00
(Data available from 4/25/2019 forward)

News Sentiment Rating

0.52 (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
  • 1 very positive mentions
  • 0 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
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/27/2023
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/27/2023
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/26/2024
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/25/2024
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2024
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/25/2024

Current Sentiment

  • 1 very positive mentions
  • 4 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

Major Drilling Group International logo
Major Drilling Group International Inc. provides contract drilling services for mining and mineral exploration companies. The company offers a suite of drilling services, including surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive, longhole drilling, surface drill and blast, and related mining services. The company was founded in 1980 and is headquartered in Moncton, Canada with additional offices in the United States, Mexico, South America, Asia, Africa, and Australia.
Read More

Today's Range

Now: C$9.72
Low: C$9.43
High: C$9.79

50 Day Range

MA: C$8.69
Low: C$7.62
High: C$9.88

52 Week Range

Now: C$9.72
Low: C$6.81
High: C$10.96

Volume

40,016 shs

Average Volume

179,762 shs

Market Capitalization

C$795.00 million

P/E Ratio

12.62

Dividend Yield

0.63%

Beta

1.66

Frequently Asked Questions

What sell-side analysts currently cover shares of Major Drilling Group International?

The following equities research analysts have issued reports on Major Drilling Group International in the last year: TD Securities.
View the latest analyst ratings for MDI.

What is the current price target for Major Drilling Group International?

1 Wall Street analysts have set twelve-month price targets for Major Drilling Group International in the last year. Their average twelve-month price target is C$14.00, suggesting a possible upside of 44.0%. TD Securities has the highest price target set, predicting MDI will reach C$14.00 in the next twelve months. TD Securities has the lowest price target set, forecasting a price of C$14.00 for Major Drilling Group International in the next year.
View the latest price targets for MDI.

What is the current consensus analyst rating for Major Drilling Group International?

Major Drilling Group International 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 MDI will outperform the market and that investors should add to their positions of Major Drilling Group International.
View the latest ratings for MDI.

What other companies compete with Major Drilling Group International?

Other companies that are similar to Major Drilling Group International include Altius Minerals, Skeena Resources, PolyMet Mining, Lithium Americas and Ascot Resources. Learn More about companies similar to Major Drilling Group International.

How do I contact Major Drilling Group International's investor relations team?

Major Drilling Group International's physical mailing address is 111 St George St Suite 100, MONCTON, NB E1C 1T7, Canada. The company's listed phone number is +1-506-8578636. The official website for Major Drilling Group International is www.majordrilling.com. Learn More about contacing Major Drilling Group International investor relations.