Pritchard Capital Upgrades Bronco Drilling Company (BRNC) to Neutral
BRNC Hot Sheet
Rating Summary:0 Buy, 3 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 14 | Down: 7 | New: 18
Pritchard Capital upgrades Bronco Drilling Company (NYSE: BRNC) from Sell to Neutral. Price target $5.50.
Pritschard analyst says, "BRNC has underperformed peers year-to-date, and the muted share price impact after this kitchen-sink quarter suggests negative perceptions are priced into the stock. The discounted price to tangible book is also supportive."
To see more analyst ratings on BRNC Click Here.
Bronco Drilling Company, Inc. provides contract land drilling and workover services to oil and natural gas exploration and production companies in the United States and Mexico.
Pritschard analyst says, "BRNC has underperformed peers year-to-date, and the muted share price impact after this kitchen-sink quarter suggests negative perceptions are priced into the stock. The discounted price to tangible book is also supportive."
To see more analyst ratings on BRNC Click Here.
Bronco Drilling Company, Inc. provides contract land drilling and workover services to oil and natural gas exploration and production companies in the United States and Mexico.
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