Major Drilling Group International Inc
TSX:MDI

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Major Drilling Group International Inc Logo
Major Drilling Group International Inc
TSX:MDI
Watchlist
Price: 15.05 CAD -0.86% Market Closed
Market Cap: CA$1.2B

Wall Street
Price Targets

MDI Price Targets Summary
Major Drilling Group International Inc

Wall Street analysts forecast MDI stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MDI is 17.14 CAD with a low forecast of 15.15 CAD and a high forecast of 21 CAD.

Lowest
Price Target
15.15 CAD
1% Upside
Average
Price Target
17.14 CAD
14% Upside
Highest
Price Target
21 CAD
40% Upside
Major Drilling Group International Inc Competitors:
Price Targets
GGBR4
Gerdau SA
14% Upside
APGN
APG SGA SA
17% Upside

Revenue
Forecast

-1% / Year
Past Growth
18% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss
-1% / Year
Past Growth
18% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss

For the last 13 years the compound annual growth rate for Major Drilling Group International Inc's revenue is -1%. The projected CAGR for the next 3 years is 18%.

Operating Income
Forecast

-9% / Year
Past Growth
28% / Year
Estimated Growth
Estimates Accuracy
-11%
Average Miss
-9% / Year
Past Growth
28% / Year
Estimated Growth
Estimates Accuracy
-11%
Average Miss

For the last 13 years the compound annual growth rate for Major Drilling Group International Inc's operating income is -9%. The projected CAGR for the next 1 year is 28%.

Net Income
Forecast

-9% / Year
Past Growth
38% / Year
Estimated Growth
Estimates Accuracy
-3%
Average Miss
-9% / Year
Past Growth
38% / Year
Estimated Growth
Estimates Accuracy
-3%
Average Miss

For the last 13 years the compound annual growth rate for Major Drilling Group International Inc's net income is -9%. The projected CAGR for the next 3 years is 38%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MDI's stock price target?
Price Target
17.14 CAD

According to Wall Street analysts, the average 1-year price target for MDI is 17.14 CAD with a low forecast of 15.15 CAD and a high forecast of 21 CAD.

What is Major Drilling Group International Inc's Revenue forecast?
Projected CAGR
18%

For the last 13 years the compound annual growth rate for Major Drilling Group International Inc's revenue is -1%. The projected CAGR for the next 3 years is 18%.

What is Major Drilling Group International Inc's Operating Income forecast?
Projected CAGR
28%

For the last 13 years the compound annual growth rate for Major Drilling Group International Inc's operating income is -9%. The projected CAGR for the next 1 year is 28%.

What is Major Drilling Group International Inc's Net Income forecast?
Projected CAGR
38%

For the last 13 years the compound annual growth rate for Major Drilling Group International Inc's net income is -9%. The projected CAGR for the next 3 years is 38%.

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