dentalcorp Holdings Ltd. (TSE:DNTL) Given Average Rating of “Buy” by Analysts

Shares of dentalcorp Holdings Ltd. (TSE:DNTL) have received an average recommendation of “Buy” from the six ratings firms that are currently covering the firm, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a buy recommendation. The average twelve-month target price among brokers that have issued a report on the stock in the last year is C$12.59.

Several research analysts have weighed in on the company. National Bankshares set a C$15.00 price objective on dentalcorp and gave the stock a “buy” rating in a research report on Thursday, February 27th. CIBC lifted their target price on dentalcorp from C$11.50 to C$13.00 and gave the stock an “outperform” rating in a research note on Monday, March 24th. Desjardins boosted their price target on shares of dentalcorp from C$12.00 to C$12.75 and gave the stock a “buy” rating in a report on Monday, March 24th. Canaccord Genuity Group increased their price target on shares of dentalcorp from C$12.25 to C$12.50 and gave the company a “buy” rating in a research report on Monday, March 24th. Finally, TD Securities raised their price objective on shares of dentalcorp from C$12.00 to C$13.00 and gave the stock a “buy” rating in a report on Thursday, May 22nd.

dentalcorp Price Performance

Shares of TSE DNTL opened at C$8.15 on Friday. The company has a market capitalization of C$1.53 billion, a PE ratio of -18.95, a PEG ratio of -2.69 and a beta of 1.26. The company has a quick ratio of 1.04, a current ratio of 1.19 and a debt-to-equity ratio of 78.72. The stock’s 50 day moving average price is C$8.46 and its 200-day moving average price is C$8.15. dentalcorp has a twelve month low of C$7.10 and a twelve month high of C$10.50.

dentalcorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 22nd were given a dividend of $0.03 per share. The ex-dividend date of this dividend was Friday, April 4th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.47%.

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.