Badger Infrastructure Solutions (TSE:BDGI) Given a C$70.00 Price Target by TD Securities Analysts

Badger Infrastructure Solutions (TSE:BDGI) has been given a C$70.00 target price by analysts at TD Securities in a research note issued on Friday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price target would suggest a potential upside of 21.23% from the company’s previous close.

Several other research firms also recently weighed in on BDGI. Canaccord Genuity Group upped their price objective on shares of Badger Infrastructure Solutions from C$52.00 to C$60.00 and gave the stock a “buy” rating in a report on Tuesday, July 15th. Stifel Nicolaus upped their price objective on shares of Badger Infrastructure Solutions from C$59.00 to C$63.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Finally, BMO Capital Markets increased their target price on shares of Badger Infrastructure Solutions from C$50.00 to C$55.00 in a report on Thursday, July 31st. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of C$58.50.

Badger Infrastructure Solutions Stock Up 2.1%

Shares of TSE BDGI opened at C$57.74 on Friday. The firm has a market cap of C$1.95 billion, a PE ratio of 35.42 and a beta of 1.03. Badger Infrastructure Solutions has a 12-month low of C$33.62 and a 12-month high of C$59.67. The company’s fifty day simple moving average is C$53.61 and its 200 day simple moving average is C$45.51. The company has a quick ratio of 1.49, a current ratio of 1.73 and a debt-to-equity ratio of 92.49.

About Badger Infrastructure Solutions

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.