Analysts Set Badger Infrastructure Solutions Ltd. (TSE:BDGI) PT at C$81.43

Badger Infrastructure Solutions Ltd. (TSE:BDGI) has earned a consensus rating of “Moderate Buy” from the seven brokerages that are presently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is C$81.53.

Several research firms have weighed in on BDGI. BMO Capital Markets upped their price objective on shares of Badger Infrastructure Solutions from C$82.00 to C$85.00 in a research note on Friday, January 16th. TD Securities upped their price target on shares of Badger Infrastructure Solutions from C$70.00 to C$83.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Canadian Imperial Bank of Commerce increased their price objective on Badger Infrastructure Solutions from C$71.00 to C$82.00 in a report on Friday, November 7th. Acumen Capital boosted their target price on Badger Infrastructure Solutions from C$77.25 to C$82.25 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Finally, National Bank Financial set a C$82.00 target price on Badger Infrastructure Solutions and gave the stock a “sector perform” rating in a research report on Friday, January 23rd.

Badger Infrastructure Solutions Price Performance

Shares of BDGI opened at C$69.18 on Tuesday. The business’s 50-day moving average is C$74.96 and its 200-day moving average is C$67.88. The company has a debt-to-equity ratio of 92.49, a current ratio of 1.73 and a quick ratio of 1.49. The company has a market capitalization of C$2.33 billion, a price-to-earnings ratio of 38.01 and a beta of 0.84. Badger Infrastructure Solutions has a fifty-two week low of C$33.62 and a fifty-two week high of C$82.57.

About Badger Infrastructure Solutions

Badger Infrastructure Solutions Ltd is North America’s provider of non-destructive excavating services. Its key technology is the Badger Hydrovac, which is used primarily for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. The company manufactures and designs its truck-mounted hydrovac units, giving an opportunity to incorporate feedback from its hydrovac operators into its existing and future design and manufacturing processes.