Dye & Durham Limited (TSE:DND) Receives C$17.50 Consensus Price Target from Brokerages

Shares of Dye & Durham Limited (TSE:DND) have received an average rating of “Buy” from the five analysts that are currently covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a buy recommendation. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$17.50.

Several research analysts have recently commented on DND shares. Canaccord Genuity Group decreased their target price on Dye & Durham from C$16.00 to C$14.50 and set a “buy” rating for the company in a research report on Wednesday, July 9th. Scotiabank lifted their target price on Dye & Durham from C$14.00 to C$16.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Raymond James Financial lowered their price target on Dye & Durham from C$17.00 to C$15.00 and set an “outperform” rating on the stock in a report on Wednesday, July 16th. Cormark lowered their target price on Dye & Durham from C$17.00 to C$15.00 in a research note on Thursday, September 18th. Finally, CIBC lowered their target price on Dye & Durham from C$17.00 to C$16.00 in a research note on Monday, July 21st.

Dye & Durham Price Performance

Shares of TSE DND opened at C$7.00 on Monday. The firm has a market cap of C$470.40 million, a PE ratio of -2.87 and a beta of 2.25. The business has a 50 day moving average price of C$9.97 and a two-hundred day moving average price of C$9.81. The company has a quick ratio of 1.98, a current ratio of 0.32 and a debt-to-equity ratio of 385.35. Dye & Durham has a fifty-two week low of C$6.95 and a fifty-two week high of C$22.59.

Dye & Durham Company Profile

Dye & Durham Ltd is engaged in providing cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. The company has business operations in Canada and the United Kingdom. The customers include law firms, financial service institutions, and government organizations.