Badger Infrastructure Solutions Ltd. (OTCMKTS:BADFF) Given Average Recommendation of “Buy” by Brokerages

Badger Infrastructure Solutions Ltd. (OTCMKTS:BADFFGet Rating) has received a consensus rating of “Buy” from the six analysts that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $36.50.

Several equities research analysts recently weighed in on the company. BMO Capital Markets started coverage on Badger Infrastructure Solutions in a report on Monday, March 21st. They set a “buy” rating and a $37.00 price objective on the stock. Stifel Nicolaus raised shares of Badger Infrastructure Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, January 11th. Scotiabank raised shares of Badger Infrastructure Solutions from a “sector perform” rating to an “outperform” rating in a report on Wednesday. Finally, CIBC initiated coverage on Badger Infrastructure Solutions in a report on Monday, March 14th. They set a “neutral” rating on the stock.

BADFF stock traded down $0.24 during midday trading on Wednesday, reaching $24.00. The company’s stock had a trading volume of 112 shares, compared to its average volume of 2,398. Badger Infrastructure Solutions has a 52 week low of $18.43 and a 52 week high of $35.00. The business’s 50-day simple moving average is $23.13 and its 200-day simple moving average is $24.74.

About Badger Infrastructure Solutions (Get Rating)

Badger Infrastructure Solutions Ltd. provides non-destructive excavating and related services in Canada and the United States. Its Badger Hydrovac technology uses a pressurized water stream to liquefy the soil cover, which is then removed with a vacuum system and deposited into a storage tank. The company offers daylighting services for visual confirmation of buried lines, directional drilling test holes, sacrificial anode installation, pipeline and utility crossings, and subsurface utility engineering test holes applications; slot trenching services; and service repair pits for gas service tie-in, electric cable fault repair, water main and service repair, and telecom splice applications.

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Analyst Recommendations for Badger Infrastructure Solutions (OTCMKTS:BADFF)

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