TD Securities Lowers Dexterra Group (TSE:DXT) Price Target to C$9.00

Dexterra Group (TSE:DXT – Get Rating) had its target price lowered by stock analysts at TD Securities from C$11.50 to C$9.00 in a report released on Thursday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price target indicates a potential upside of 48.03% from the company’s current price.

A number of other research analysts have also issued reports on the stock. Raymond James set a C$12.00 price objective on shares of Dexterra Group and gave the company a “strong-buy” rating in a report on Friday, March 11th. BMO Capital Markets lifted their price target on shares of Dexterra Group from C$9.80 to C$10.75 in a report on Monday, March 14th. Scotiabank increased their price objective on Dexterra Group from C$10.75 to C$11.00 in a report on Tuesday, February 1st. Finally, National Bankshares cut their target price on Dexterra Group from C$13.00 to C$12.00 in a report on Thursday.

Shares of TSE:DXT traded down C$0.11 during trading on Thursday, hitting C$6.08. 44,980 shares of the company were exchanged, compared to its average volume of 52,983. Dexterra Group has a 1-year low of C$5.95 and a 1-year high of C$9.46. The company has a market capitalization of C$396.12 million and a P/E ratio of 16.43. The company has a quick ratio of 1.36, a current ratio of 1.52 and a debt-to-equity ratio of 29.70. The business’s 50 day moving average is C$7.55 and its 200-day moving average is C$8.13.

Dexterra Group (TSE:DXT – Get Rating) last issued its earnings results on Wednesday, March 9th. The company reported C$0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.08 by C($0.02). The business had revenue of C$201.59 million during the quarter, compared to analyst estimates of C$187.70 million. As a group, sell-side analysts anticipate that Dexterra Group will post 0.6399999 earnings per share for the current year.

Dexterra Group Company Profile (Get Rating)

Dexterra Group Inc provides support services for the creation, management, and operation of infrastructure in Canada. It operates through three segments: Integrated Facilities Management; Modular Solutions; and Workforce Accommodations, Forestry and Energy Services (WAFES). The Integrated Facilities Management segment delivers operation and maintenance solutions for built assets and infrastructure in the public and private sectors, including aviation, defense, retail, healthcare, business and industry, education, rail, hotels and leisure, and government.

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