Badger Infrastructure Solutions (OTCMKTS:BADFF) Rating Increased to Outperform at Scotiabank

Badger Infrastructure Solutions (OTCMKTS:BADFFGet Rating) was upgraded by Scotiabank from a “sector perform” rating to an “outperform” rating in a note issued to investors on Wednesday, The Fly reports.

A number of other analysts have also commented on BADFF. 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 target on the stock. CIBC started coverage on Badger Infrastructure Solutions in a research report on Monday, March 14th. They set a “neutral” rating for the company. Finally, Stifel Nicolaus upgraded Badger Infrastructure Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, January 11th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $36.38.

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

Badger Infrastructure Solutions Company Profile (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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