Dexterra Group (TSE:DXT) Sets New 1-Year High Following Analyst Upgrade

Dexterra Group Inc. (TSE:DXT) hit a new 52-week high on Monday after National Bankshares raised their price target on the stock from C$14.00 to C$15.00. National Bankshares currently has an outperform rating on the stock. Dexterra Group traded as high as C$10.18 and last traded at C$10.07, with a volume of 86722 shares changing hands. The stock had previously closed at C$9.28.

Several other brokerages have also recently issued reports on DXT. Scotiabank set a C$11.50 target price on shares of Dexterra Group and gave the stock a “hold” rating in a report on Tuesday, September 9th. ATB Capital increased their price objective on shares of Dexterra Group from C$10.75 to C$11.75 and gave the company an “outperform” rating in a research note on Thursday, August 7th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$12.31.

Dexterra Group Price Performance

The company has a market cap of C$618.71 million, a PE ratio of 17.77, a PEG ratio of 0.90 and a beta of 0.18. The company has a debt-to-equity ratio of 42.46, a current ratio of 1.46 and a quick ratio of 1.28. The stock’s 50-day moving average is C$9.62 and its 200 day moving average is C$8.95.

About Dexterra Group

Dexterra Group is a publicly listed corporation delivering a range of support services for the creation, management, and operation of infrastructure across Canada. Powered by people, we bring best-in-class regional expertise to every challenge and deliver innovative solutions, giving clients confidence in their day-to-day operations.