Dye & Durham (TSE:DND) Price Target Lowered to C$23.00 at Scotiabank

Dye & Durham (TSE:DNDGet Rating) had its target price decreased by Scotiabank from C$31.00 to C$23.00 in a research report report published on Tuesday morning, BayStreet.CA reports.

DND has been the topic of several other reports. CIBC lowered their price objective on Dye & Durham from C$33.00 to C$27.50 and set an outperform rating on the stock in a report on Friday, November 11th. Canaccord Genuity Group lowered their price objective on Dye & Durham from C$30.00 to C$28.00 in a report on Monday. BMO Capital Markets lowered their price objective on Dye & Durham from C$23.00 to C$20.00 in a report on Friday, November 11th. Finally, Raymond James lowered their price objective on Dye & Durham from C$31.00 to C$21.00 and set an outperform rating on the stock in a report on Friday, November 11th.

Dye & Durham Trading Up 2.0 %

DND stock opened at C$14.06 on Tuesday. The company has a current ratio of 2.06, a quick ratio of 1.98 and a debt-to-equity ratio of 156.09. Dye & Durham has a 12-month low of C$11.63 and a 12-month high of C$50.49. The stock has a market cap of C$933.58 million and a price-to-earnings ratio of 41.15. The business’s 50-day moving average is C$14.67 and its 200 day moving average is C$17.77.

Dye & Durham Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 23rd. Stockholders of record on Wednesday, November 16th will be given a dividend of $0.019 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.54%. The ex-dividend date of this dividend is Tuesday, November 15th. Dye & Durham’s payout ratio is presently 22.06%.

Dye & Durham Company Profile

(Get Rating)

Dye & Durham Limited, through its subsidiary, Dye & Durham Corporation, provides cloud-based software and technology solutions for legal firms, financial service institutions, and government organizations in Canada, Australia, Ireland, and the United Kingdom. It offers real estate and legal practice management software enabling customers to execute transactions reliably, securely, and easily; unity, a real-estate conveyancing software; and cloud-based software solutions, including online property and business regulatory information, practice management software, conveyancing workflow, electronic contracts, and legal support services.

Further Reading

Receive News & Ratings for Dye & Durham Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dye & Durham and related companies with MarketBeat.com's FREE daily email newsletter.