Major Drilling Group International Inc. (TSX:MDI)
Canada · Delayed Price · Currency is CAD 17.58
-0.74 (-4.04%)
Jun 3, 2026, 3:24 PM EST
TSX:MDI Stock Forecast
Stock Price Forecast
According to 5 analysts polled by S&P Global, TSX:MDI stock has a consensus rating of "Strong Buy" and an average price target of $20.70. The average 1-year stock price forecast is 17.75% higher than the current stock price, while the lowest is $19.50 (+10.92%) and the highest is $22.00 (+25.14%).
Price Target: $20.70 (+17.75%)
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 27, 2026.
Analyst Ratings
The average analyst rating for TSX:MDI stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Oct '25 | Nov '25 | Dec '25 | Feb '26 | Mar '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Buy Maintains $16.00 → $21.00 | Buy | Maintains | $16.00 → $21.00 | +19.45% | Feb 27, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $20.00 | Buy | Maintains | $20.00 | +13.77% | Feb 24, 2026 |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.