Analyst Price Target is C$1.50
▲ +∞ Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Cathedral Energy Services in the last 3 months. The average price target is C$1.50, with a high forecast of C$1.50 and a low forecast of C$1.50. The average price target represents a ∞ upside from the last price of C$0.00.
Current Consensus is
Buy
The current consensus among 2 investment analysts is to buy stock in Cathedral Energy Services. This rating has held steady since November 2023, when it changed from a Moderate Buy consensus rating.
Cathedral Energy Services Ltd., together with its subsidiaries, provides directional drilling services to oil and natural gas companies in western Canada and the United States. It offers remote directional and measurement-while-drilling (MWD), automated gamma, drilling optimization, and well planning services. The company's products include nDURANCE motors for formations with poor build tendencies and monobore wells, as well as hard, aggressive, and unconsolidated formations; MWD sensors to determine trajectory parameters, such as inclination, direction, and tool-face orientation; FUSION MWD system, a central data processing unit to which a range of sensors and telemetry options can be connected to provide the data collection and transmission services; and RapidFire, a MWD tool. The company was founded in 1998 and is headquartered in Calgary, Canada.
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