What did RBC do in the latest MJDLF analyst rating update?

On February 24, 2026 RBC Capital maintained an Outperform rating on MJDLF and raised the price target to C$20 from C$17, a change reported by TheFly that produced a small positive price reaction.

How should investors interpret a maintained Outperform in the MJDLF analyst rating?

A maintained Outperform means RBC still expects MJDLF to beat peers, but it is not a fresh upgrade. The raised C$20 target reflects adjusted valuation assumptions rather than new fundamental shifts.

Does the MJDLF analyst rating include a price target change?

Yes. RBC raised the price target to C$20 from C$17 on February 24, 2026, a key detail investors can use to gauge potential upside versus current trading levels.

How does Meyka AI view the MJDLF analyst rating?

Meyka AI notes the maintained Outperform and assigns MJDLF a **B+** grade based on benchmarks, sector performance, growth, metrics, and analyst consensus, for ongoing monitoring and analysis.

Analyst Ratings

RBC Maintains Outperform on Major Drilling (MJDLF) Feb 2026, PT C$20

ByHuzaifa Zahoor February 25, 2026

On February 24, 2026 RBC Capital maintained an Outperform rating on Major Drilling Group International Inc. (MJDLF) and raised its price target to C$20 from C$17. This MJDLF analyst rating update is the only change reported that day and sent a modest market signal: the stock moved about +0.31% ($0.04) on the notice. The action and new price target reflect RBC’s view on demand for drilling services and near-term contract visibility.