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

Dexterra Group (TSE:DXT) had its target price lifted by equities researchers at Canaccord Genuity Group from C$18.00 to C$21.00 in a research note issued on Friday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 31.74% from the stock’s current price.

DXT has been the topic of a number of other research reports. National Bank Financial boosted 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. ATB Cormark Capital Markets increased their target price on shares of Dexterra Group from C$14.25 to C$19.50 and gave the company an “outperform” rating in a report on Wednesday, June 24th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$18.12.

Dexterra Group Price Performance

Shares of Dexterra Group stock traded up C$0.39 during trading on Friday, reaching C$15.94. The company’s stock had a trading volume of 37,749 shares, compared to its average volume of 40,742. 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 12-month low of C$8.93 and a 12-month high of C$16.05. The company has a market capitalization of C$994.91 million, a P/E ratio of 21.84, a price-to-earnings-growth ratio of 0.90 and a beta of 0.39. The business has a 50 day moving average price of C$13.71 and a 200-day moving average price of C$12.92.

Dexterra Group (TSE:DXT) last posted its quarterly 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 net margin of 4.22% and a return on equity of 16.00%. As a group, sell-side analysts anticipate that Dexterra Group will post 0.7094298 EPS for the current 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.