Dexterra Group (TSE:DXT) Price Target Raised to C$16.50

Dexterra Group (TSE:DXT) had its price target lifted by National Bank Financial from C$15.50 to C$16.50 in a research report report published on Thursday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other research analysts have also issued reports on the stock. ATB Cormark Capital Markets increased their target price on shares of Dexterra Group from C$12.00 to C$13.75 and gave the stock a “moderate buy” rating in a research note on Thursday. Canaccord Genuity Group raised shares of Dexterra Group to a “strong-buy” rating in a research note on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Dexterra Group has a consensus rating of “Buy” and a consensus target price of C$13.92.

Dexterra Group Trading Up 1.9%

Shares of DXT stock opened at C$12.88 on Thursday. The company has a market cap of C$801.64 million, a P/E ratio of 20.13, a PEG ratio of 0.90 and a beta of 0.17. The stock has a 50 day simple moving average of C$12.79 and a two-hundred day simple moving average of C$11.31. The company has a debt-to-equity ratio of 78.68, a quick ratio of 1.28 and a current ratio of 1.23. Dexterra Group has a fifty-two week low of C$6.88 and a fifty-two week high of C$13.93.

Dexterra Group (TSE:DXT) last posted its quarterly earnings results on Tuesday, March 3rd. The company reported C$0.12 earnings per share (EPS) for the quarter. The firm had revenue of C$270.95 million for the quarter. Dexterra Group had a return on equity of 14.45% and a net margin of 3.89%. Research analysts forecast that Dexterra Group will post 0.7094298 earnings per share for the current year.

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. Our activities include a comprehensive range of facilities management services, industry-leading workforce accommodation solutions, innovative modular building capabilities and other support services for diverse clients in the public and private sectors.