Badger Infrastructure Solutions (TSE:BDGI) Given a C$82.00 Price Target by National Bankshares Analysts

National Bankshares set a C$82.00 target price on Badger Infrastructure Solutions (TSE:BDGI) in a report released on Friday morning,BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.

A number of other brokerages have also issued reports on BDGI. CIBC raised their price target on Badger Infrastructure Solutions from C$71.00 to C$82.00 in a report on Friday, November 7th. Raymond James Financial cut Badger Infrastructure Solutions from an “outperform” rating to a “market perform” rating and increased their target price for the stock from C$60.00 to C$72.00 in a research report on Wednesday, October 22nd. Canaccord Genuity Group boosted their price target on Badger Infrastructure Solutions from C$60.00 to C$71.00 and gave the stock a “buy” rating in a report on Tuesday, October 7th. TD Securities upped their price target on Badger Infrastructure Solutions from C$70.00 to C$83.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Finally, Stifel Nicolaus lifted their price objective on shares of Badger Infrastructure Solutions from C$86.00 to C$88.00 in a research report on Monday, November 10th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Badger Infrastructure Solutions currently has an average rating of “Moderate Buy” and an average price target of C$80.43.

Badger Infrastructure Solutions Price Performance

TSE BDGI opened at C$78.02 on Friday. The company has a current ratio of 1.73, a quick ratio of 1.49 and a debt-to-equity ratio of 92.49. Badger Infrastructure Solutions has a 12 month low of C$33.62 and a 12 month high of C$82.57. The stock has a market cap of C$2.63 billion, a price-to-earnings ratio of 42.87 and a beta of 1.01. The company’s 50 day moving average is C$75.18 and its two-hundred day moving average is C$65.52.

Badger Infrastructure Solutions (TSE:BDGI) last posted its quarterly earnings results on Wednesday, November 5th. The company reported C$0.91 earnings per share for the quarter. The business had revenue of C$330.48 million during the quarter. Badger Infrastructure Solutions had a net margin of 5.71% and a return on equity of 16.64%. As a group, research analysts anticipate that Badger Infrastructure Solutions will post 3.3008403 earnings per share for the current year.

Badger Infrastructure Solutions Company Profile

Badger Infrastructure Solutions Ltd is North America’s provider of non-destructive excavating services. Its key technology is the Badger Hydrovac, which is used primarily for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. The company manufactures and designs its truck-mounted hydrovac units, giving an opportunity to incorporate feedback from its hydrovac operators into its existing and future design and manufacturing processes.