Extendicare (TSE:EXE) Given New C$29.00 Price Target at National Bankshares

Extendicare (TSE:EXE) had its price target raised by National Bankshares from C$24.50 to C$29.00 in a research report released on Thursday,BayStreet.CA reports. They currently have an outperform rating on the stock.

A number of other equities analysts have also recently issued reports on EXE. CIBC upped their price objective on Extendicare from C$18.00 to C$22.00 in a report on Thursday, November 13th. TD Securities boosted their target price on Extendicare from C$15.00 to C$19.00 in a research report on Thursday, November 13th. Natl Bk Canada raised Extendicare to a “strong-buy” rating in a research note on Wednesday, December 3rd. Canaccord Genuity Group lifted their price target on shares of Extendicare from C$20.00 to C$22.50 in a research note on Thursday, December 4th. Finally, BMO Capital Markets upgraded shares of Extendicare from a “hold” rating to an “outperform” rating and boosted their price objective for the stock from C$21.00 to C$24.00 in a report on Thursday, December 4th. Three analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of C$24.50.

Extendicare Trading Up 1.3%

Shares of EXE opened at C$24.21 on Thursday. Extendicare has a 1-year low of C$10.58 and a 1-year high of C$24.86. The company has a market capitalization of C$2.29 billion, a P/E ratio of 22.84 and a beta of 1.30. The company has a debt-to-equity ratio of 283.02, a current ratio of 0.62 and a quick ratio of 0.98. The firm’s 50 day simple moving average is C$22.19 and its 200 day simple moving average is C$17.39.

About Extendicare

Extendicare Inc, operating solely in Canada, is the largest private-sector owner and operator of long-term care (LTC”) homes and one of the largest private-sector providers of publicly funded home health care services.