Dexterra Group (TSE:DXT) Price Target Raised to C$20.00

Dexterra Group (TSE:DXT) had its target price raised by Raymond James Financial from C$18.50 to C$20.00 in a report released on Thursday morning,BayStreet reports. They currently have an outperform rating on the stock.

Other equities analysts also recently issued reports about the stock. National Bank Financial lifted their price objective on shares of Dexterra Group from C$16.50 to C$20.50 and gave the stock an “outperform” rating in a report on Tuesday, July 21st. Canaccord Genuity Group increased their target price on shares of Dexterra Group from C$18.00 to C$21.00 and gave the company a “buy” rating in a report on Friday, July 24th. ATB Cormark Capital Markets raised their price target 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. Finally, Scotia boosted their price target on shares of Dexterra Group from C$14.00 to C$14.50 and gave the stock a “sector perform” rating in a report on Wednesday, August 5th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$19.10.

Dexterra Group Stock Performance

Shares of Dexterra Group stock opened at C$16.20 on Thursday. Dexterra Group has a 52 week low of C$9.01 and a 52 week high of C$16.80. The company has a quick ratio of 1.28, a current ratio of 1.32 and a debt-to-equity ratio of 76.31. The business has a 50 day moving average price of C$14.53 and a 200-day moving average price of C$13.40. The company has a market cap of C$1.01 billion, a PE ratio of 23.48, a price-to-earnings-growth ratio of 0.90 and a beta of 0.26.

Dexterra Group (TSE:DXT) last announced its earnings results on Tuesday, August 4th. The company reported C$0.20 earnings per share (EPS) for the quarter. Dexterra Group had a return on equity of 15.18% and a net margin of 4.01%.The company had revenue of C$269.21 million for the quarter. Equities analysts anticipate that Dexterra Group will post 0.7094298 earnings per share 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.