Dexterra Group (TSE:DXT) Price Target Raised to C$20.50 at National Bank Financial

Dexterra Group (TSE:DXT) had its target price lifted by research analysts at National Bank Financial from C$16.50 to C$20.50 in a research note issued on Tuesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bank Financial’s target price would suggest a potential upside of 29.99% from the company’s current price.

Separately, ATB Cormark Capital Markets raised their price target on Dexterra Group from C$14.25 to C$19.50 and gave the stock an “outperform” rating in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$17.17.

Dexterra Group Stock Performance

Shares of TSE DXT traded up C$0.18 during midday trading on Tuesday, reaching C$15.77. 40,566 shares of the stock were exchanged, compared to its average volume of 39,908. The company has a quick ratio of 1.28, a current ratio of 1.42 and a debt-to-equity ratio of 85.07. Dexterra Group has a twelve month low of C$8.93 and a twelve month high of C$15.94. The firm has a 50-day simple moving average of C$13.53 and a two-hundred day simple moving average of C$12.83. The firm has a market cap of C$984.30 million, a price-to-earnings ratio of 21.60, a PEG ratio of 0.90 and a beta of 0.39.

Dexterra Group (TSE:DXT) last released its earnings results on Wednesday, May 6th. The company reported C$0.19 earnings per share for the quarter. The business had revenue of C$275.47 million for the quarter. Dexterra Group had a return on equity of 16.00% and a net margin of 4.22%. As a group, analysts anticipate 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.