TD Securities Increases dentalcorp (TSE:DNTL) Price Target to C$13.00

dentalcorp (TSE:DNTL) had its price objective lifted by TD Securities from C$12.00 to C$13.00 in a research note issued to investors on Thursday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ price objective suggests a potential upside of 49.25% from the stock’s previous close.

Several other research analysts have also issued reports on DNTL. Canaccord Genuity Group raised their price target on dentalcorp from C$12.25 to C$12.50 and gave the stock a “buy” rating in a research report on Monday, March 24th. National Bankshares set a C$15.00 price target on dentalcorp and gave the stock a “buy” rating in a research report on Thursday, February 27th. Desjardins raised their price target on dentalcorp from C$12.00 to C$12.75 and gave the stock a “buy” rating in a research report on Monday, March 24th. Finally, CIBC raised their price target on dentalcorp from C$11.50 to C$13.00 and gave the stock an “outperform” rating in a research report on Monday, March 24th. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat, dentalcorp has an average rating of “Buy” and a consensus price target of C$12.59.

dentalcorp Price Performance

TSE DNTL opened at C$8.71 on Thursday. The stock has a fifty day moving average of C$8.19 and a 200-day moving average of C$8.28. The stock has a market capitalization of C$1.64 billion, a P/E ratio of -20.25, a price-to-earnings-growth ratio of -2.69 and a beta of 1.26. dentalcorp has a 52 week low of C$6.28 and a 52 week high of C$10.50. The company has a debt-to-equity ratio of 78.72, a quick ratio of 1.04 and a current ratio of 1.19.

dentalcorp Company Profile

Dentalcorp Holdings Ltd is engaged in acquiring dental practices and providing health care services in Canada. It recognizes revenue for the provision of dental services that are rendered to patients by Partner dentists and dental practitioners contracted by the Professional Corporations and health care services rendered by employees or contractors of the company.