Published On: Wed, Oct 19th, 2016

New Analyst Ratings On Independence Contract Drilling, Inc. (NYSE:ICD)


Recently stock market analysts have updated their consensus ratings on shares of Independence Contract Drilling, Inc. (NYSE:ICD).

Most recent broker ratings

09/15/2016 – D.A. Davidson began new coverage on Independence Contract Drilling, Inc. giving the company a “buy” rating. They now have a USD 7 price target on the stock.

07/07/2016 – Independence Contract Drilling, Inc. had its “outperform” rating reiterated by analysts at Iberia Capital. They now have a USD 7 price target on the stock.

04/19/2016 – Independence Contract Drilling, Inc. had its “overweight” rating reiterated by analysts at Morgan Stanley. They now have a USD 6.5 price target on the stock.

04/15/2016 – Independence Contract Drilling, Inc. had its “outperform” rating reiterated by analysts at RBC Capital. They now have a USD 5.5 price target on the stock.

04/07/2016 – Nomura began new coverage on Independence Contract Drilling, Inc. giving the company a “buy” rating. They now have a USD 8 price target on the stock.

02/24/2016 – Independence Contract Drilling, Inc. had its “outperform” rating reiterated by analysts at FBR Capital Markets. They now have a USD 8 price target on the stock.

11/02/2015 – Independence Contract Drilling, Inc. had its “outperform” rating reiterated by analysts at Cowen. They now have a USD 8.5 price target on the stock.

09/09/2015 – Independence Contract Drilling, Inc. was downgraded to “accumulate” by analysts at Tudor Pickering.

05/12/2015 – Independence Contract Drilling, Inc. was downgraded to “hold” by analysts at Zacks.

10/15/2014 – Evercore ISI began new coverage on Independence Contract Drilling, Inc. giving the company a “buy” rating.

09/18/2014 – GMP Securities began new coverage on Independence Contract Drilling, Inc. giving the company a “buy” rating. They now have a USD 15 price target on the stock.

Independence Contract Drilling, Inc. has a 50 day moving average of 5.17 and a 200 day moving average of 4.86. The stock’s market capitalization is 209.42M, it has a 52-week low of 3.34 and a 52-week high of 7.93.

The share price of the company (NYSE:ICD) was up +0.36% during the last trading session, with a high of 5.73 and the volume of Independence Contract Drilling, Inc. shares traded was 119635.