Dexterra Group (TSE:DXT) Price Target Raised to C$25.00

Dexterra Group (TSE:DXT) had its price target increased by ATB Cormark Capital Markets from C$19.50 to C$25.00 in a research report sent to investors on Tuesday morning,BayStreet reports. ATB Cormark Capital Markets currently has an outperform rating on the stock.

Several other brokerages have also weighed in on DXT. Raymond James Financial upped their target price on Dexterra Group from C$18.50 to C$20.00 and gave the stock an “outperform” rating in a research report on Thursday, September 24th. Canaccord Genuity Group lifted their price target on Dexterra Group from C$18.00 to C$21.00 and gave the company a “buy” rating in a report on Friday, July 24th. Scotia lifted their price target on Dexterra Group from C$14.00 to C$14.50 and gave the company a “sector perform” rating in a report on Wednesday, August 5th. Finally, National Bank Financial boosted their price target on Dexterra Group from C$16.50 to C$20.50 and gave the company an “outperform” rating in a research note on Tuesday, July 21st. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$20.20.

Dexterra Group Trading Down 5.5%

TSE DXT opened at C$16.91 on Tuesday. Dexterra Group has a 1-year low of C$9.78 and a 1-year high of C$18.50. The company has a current ratio of 1.32, a quick ratio of 1.28 and a debt-to-equity ratio of 76.31. The company has a market capitalization of C$1.06 billion, a PE ratio of 24.51, a price-to-earnings-growth ratio of 0.90 and a beta of 0.06. The firm’s fifty day simple moving average is C$15.01 and its 200-day simple moving average is C$13.93.

Dexterra Group (TSE:DXT) last announced its quarterly earnings data on Tuesday, August 4th. The company reported C$0.20 earnings per share (EPS) for the quarter. The business had revenue of C$269.21 million during the quarter. Dexterra Group had a return on equity of 15.18% and a net margin of 4.01%. As a group, sell-side analysts anticipate that Dexterra Group will post 0.71 earnings per share for the current fiscal year.

About Dexterra Group

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.