The Globe and Mail reports in its Friday, April 26, edition that Raymond James analyst Michael Barth has reaffirmed his "strong buy" recommendation for Precision Drilling. The Globe's David Leeder writes in the Eye On Equities column that Mr. Barth gave his share target a $4 boost to $136. Analysts on average target the shares at $127.49. Mr. Barth says in a note: "Our thesis on Precision Drilling remains unchanged: the business is generating healthy FCFE, we believe risk is skewed to the upside for drilling activity and margins, and shareholder returns (via buybacks) are ramping up. In our view, market implied expectations are too low. We've revised estimates slightly and our target moves to $136/share which represents 45-per-cent upside to the current price." The Globe reported on June 16 and April 19 that Stifel analyst Cole Pereira continued to rate Precision Drilling "buy." The shares could then be had for $62.78 and $92.83. The Globe reported on Jan. 26 that National Bank Financial analyst Dan Payne continued to rate Precision Drilling "sector perform." The shares could then be had for $82.41.