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

Badger Infrastructure Solutions Ltd. (TSE:BDGI) has earned an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is C$51.25.

Several research firms have commented on BDGI. CIBC lifted their price objective on shares of Badger Infrastructure Solutions from C$55.00 to C$59.00 and gave the stock an “outperform” rating in a research note on Friday, March 7th. Stifel Nicolaus lifted their price target on shares of Badger Infrastructure Solutions from C$51.00 to C$53.00 and gave the stock a “buy” rating in a research note on Thursday, January 30th. Finally, Raymond James increased their price objective on shares of Badger Infrastructure Solutions from C$46.00 to C$50.00 and gave the stock an “outperform” rating in a research report on Friday, March 7th.

Insider Activity at Badger Infrastructure Solutions

In related news, Director Mary Jordan acquired 800 shares of the firm’s stock in a transaction that occurred on Tuesday, March 11th. The stock was purchased at an average cost of C$39.32 per share, for a total transaction of C$31,456.00. 0.33% of the stock is owned by company insiders.

Badger Infrastructure Solutions Trading Up 2.5 %

Shares of BDGI stock opened at C$36.50 on Monday. The company has a market cap of C$871.89 million, a PE ratio of 21.13 and a beta of 1.14. The company has a debt-to-equity ratio of 92.49, a current ratio of 1.73 and a quick ratio of 1.49. The stock’s 50 day simple moving average is C$39.01 and its two-hundred day simple moving average is C$38.50. Badger Infrastructure Solutions has a 1 year low of C$33.62 and a 1 year high of C$49.55.

Badger Infrastructure Solutions Company Profile

Badger Infrastructure Solutions Ltd is North America’s provider of non-destructive excavating services. Its key technology is the Badger Hydrovac, which is used primarily for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank.