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

Dexterra Group (TSE:DXT) had its price objective upped by Canaccord Genuity Group from C$18.00 to C$21.00 in a report published on Friday,BayStreet.CA reports. They currently have a buy rating on the stock.

A number of other analysts have also recently commented on DXT. ATB Cormark Capital Markets upped their price objective on shares of Dexterra Group from C$14.25 to C$19.50 and gave the company an “outperform” rating in a research report on Wednesday, June 24th. National Bank Financial lifted their target price on Dexterra Group from C$16.50 to C$20.50 and gave the stock an “outperform” rating in a report on Tuesday, July 21st. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$18.12.

Dexterra Group Price Performance

Shares of DXT stock opened at C$16.08 on Friday. Dexterra Group has a 52-week low of C$8.93 and a 52-week high of C$16.08. The stock has a market cap of C$1.00 billion, a PE ratio of 22.03, a PEG ratio of 0.90 and a beta of 0.39. The company has a debt-to-equity ratio of 85.07, a quick ratio of 1.28 and a current ratio of 1.42. The firm’s 50 day moving average price is C$13.77 and its two-hundred day moving average price is C$12.95.

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