Dexterra Group (TSE:DXT) Price Target Raised to C$21.00 at Canaccord Genuity Group

Dexterra Group (TSE:DXT) had its price target increased by Canaccord Genuity Group from C$18.00 to C$21.00 in a research note published on Friday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Other analysts have also recently issued reports about the stock. National Bank Financial upped their price objective on shares of Dexterra Group from C$16.50 to C$20.50 and gave the stock an “outperform” rating in a research note on Tuesday. ATB Cormark Capital Markets lifted their target price on shares of Dexterra Group from C$14.25 to C$19.50 and gave the company an “outperform” rating in a research note on Wednesday, June 24th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$18.12.

Dexterra Group Price Performance

Shares of Dexterra Group stock opened at C$16.08 on Friday. The firm has a market cap of C$1.00 billion, a P/E ratio of 22.03, a price-to-earnings-growth ratio of 0.90 and a beta of 0.39. The firm’s 50-day simple moving average is C$13.77 and its 200-day simple moving average is C$12.94. Dexterra Group has a twelve month low of C$8.93 and a twelve month high of C$16.08. The company has a debt-to-equity ratio of 85.07, a quick ratio of 1.28 and a current ratio of 1.42.

Dexterra Group (TSE:DXT) last announced its quarterly earnings results on Wednesday, May 6th. The company reported C$0.19 EPS for the quarter. Dexterra Group had a net margin of 4.22% and a return on equity of 16.00%. The firm had revenue of C$275.47 million during the quarter. As a group, research analysts expect that Dexterra Group will post 0.7094298 EPS for the current fiscal year.

Dexterra Group Company Profile

Dexterra employs more than 9,000 people, delivering a range of support services for the creation, management, and operation of infrastructure across Canada and the U.S. Powered by people, Dexterra brings best-in-class regional expertise to every challenge and delivers innovative solutions, giving clients confidence in their day-to-day operations. Activities include a comprehensive range of integrated facilities management services, industry-leading workforce accommodation solutions, and other support services for diverse clients in the public and private sectors.