Brokerages Set dentalcorp Holdings Ltd. (TSE:DNTL) PT at C$11.55

dentalcorp Holdings Ltd. (TSE:DNTL) has earned an average rating of “Hold” from the seven brokerages that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is C$11.55.

Several equities research analysts recently commented on the company. CIBC cut dentalcorp from an “outperform” rating to a “tender” rating and cut their price target for the company from C$13.00 to C$11.00 in a report on Monday, September 29th. ATB Capital cut dentalcorp from an “outperform” rating to a “tender” rating and dropped their target price for the company from C$12.00 to C$11.00 in a report on Monday, September 29th. Desjardins downgraded dentalcorp from a “buy” rating to a “tender” rating and cut their target price for the stock from C$12.75 to C$11.00 in a research note on Monday, September 29th. Jefferies Financial Group lowered dentalcorp from a “buy” rating to a “hold” rating and reduced their price target for the stock from C$11.50 to C$11.00 in a report on Monday, September 29th. Finally, BMO Capital Markets cut shares of dentalcorp from an “outperform” rating to a “market perform” rating and lowered their price target for the company from C$12.00 to C$11.00 in a research report on Monday, September 29th.

dentalcorp Price Performance

DNTL stock opened at C$10.95 on Friday. The company has a current ratio of 1.19, a quick ratio of 1.04 and a debt-to-equity ratio of 78.72. The firm has a 50-day moving average of C$10.92 and a two-hundred day moving average of C$9.34. dentalcorp has a 12 month low of C$7.10 and a 12 month high of C$10.99. The company has a market cap of C$2.18 billion, a price-to-earnings ratio of -78.21, a PEG ratio of -2.69 and a beta of 1.37.

dentalcorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 21st. Shareholders of record on Tuesday, October 21st were issued a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.9%. The ex-dividend date was Thursday, October 2nd. dentalcorp’s payout ratio is presently -53.57%.

dentalcorp Company Profile

Dentalcorp Holdings Ltd is engaged in acquiring dental practices and providing health care services in Canada. It recognizes revenue for the provision of dental services that are rendered to patients by Partner dentists and dental practitioners contracted by the Professional Corporations and health care services rendered by employees or contractors of the company.