Badger Infrastructure Solutions Ltd. (TSE:BDGI) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Badger Infrastructure Solutions Ltd. (TSE:BDGI) have been given a consensus rating of “Moderate Buy” by the eight analysts that are currently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$53.11.

Several analysts recently commented on the company. Raymond James raised their target price on Badger Infrastructure Solutions from C$52.00 to C$57.00 and gave the stock an “outperform” rating in a report on Thursday, March 21st. BMO Capital Markets lifted their target price on shares of Badger Infrastructure Solutions from C$49.00 to C$52.00 and gave the company a “market perform” rating in a report on Thursday, March 21st. Scotiabank lifted their price objective on Badger Infrastructure Solutions from C$48.00 to C$52.00 and gave the stock a “sector perform” rating in a report on Friday, March 22nd. Canaccord Genuity Group increased their price objective on Badger Infrastructure Solutions from C$52.00 to C$60.00 and gave the company a “buy” rating in a research note on Monday, March 4th. Finally, Stifel Nicolaus raised their price target on shares of Badger Infrastructure Solutions from C$55.00 to C$62.00 in a research note on Thursday, March 21st.

Insider Activity at Badger Infrastructure Solutions

In other news, Director Robert George Blackadar bought 2,000 shares of Badger Infrastructure Solutions stock in a transaction that occurred on Monday, March 25th. The shares were purchased at an average price of C$37.05 per share, with a total value of C$74,100.00. In other Badger Infrastructure Solutions news, Director Robert George Blackadar purchased 2,000 shares of the firm’s stock in a transaction on Monday, March 25th. The stock was bought at an average cost of C$37.05 per share, with a total value of C$74,100.00. Also, Director Stephen James Jones purchased 1,000 shares of the company’s stock in a transaction on Friday, March 8th. The stock was bought at an average price of C$33.95 per share, for a total transaction of C$33,950.00. Over the last three months, insiders purchased 4,000 shares of company stock worth $139,694. Company insiders own 0.37% of the company’s stock.

Badger Infrastructure Solutions Stock Performance

Shares of BDGI stock opened at C$47.06 on Monday. The company has a debt-to-equity ratio of 86.09, a current ratio of 1.44 and a quick ratio of 1.49. The business has a fifty day moving average of C$47.44 and a 200 day moving average of C$43.33. The firm has a market capitalization of C$1.62 billion, a price-to-earnings ratio of 28.52 and a beta of 1.17. Badger Infrastructure Solutions has a 1 year low of C$24.55 and a 1 year high of C$51.50.

Badger Infrastructure Solutions Company Profile

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; and debris removal services for frac tank clean-outs, road and box culvert clean-outs, pipe-rammed casing clean-outs, ballast and filter media removal, and inside structures and buildings material removal.