Dexterra Group (TSE:DXT) Price Target Raised to C$16.50

Dexterra Group (TSE:DXT) had its target price hoisted by stock analysts at National Bank Financial from C$15.50 to C$16.50 in a report released on Thursday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s target price suggests a potential upside of 29.21% from the stock’s previous close.

DXT has been the subject of a number of other reports. Canaccord Genuity Group upgraded shares of Dexterra Group to a “strong-buy” rating in a report on Tuesday, February 17th. ATB Cormark Capital Markets raised their price objective on Dexterra Group from C$12.00 to C$13.75 and gave the stock an “outperform” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$13.92.

Dexterra Group Price Performance

TSE:DXT traded up C$0.88 during mid-day trading on Thursday, reaching C$12.77. 75,760 shares of the stock were exchanged, compared to its average volume of 46,533. The company has a current ratio of 1.25, a quick ratio of 1.28 and a debt-to-equity ratio of 80.46. The business has a fifty day moving average price of C$12.76 and a 200 day moving average price of C$11.28. Dexterra Group has a 1-year low of C$6.88 and a 1-year high of C$13.93. The firm has a market capitalization of C$794.79 million, a PE ratio of 19.95, a PEG ratio of 0.90 and a beta of 0.43.

Dexterra Group (TSE:DXT) last posted its quarterly earnings data on Tuesday, March 3rd. The company reported C$0.12 earnings per share for the quarter. The company had revenue of C$270.95 million during the quarter. Dexterra Group had a net margin of 3.93% and a return on equity of 14.34%. Research analysts expect that Dexterra Group will post 0.7094298 earnings per share for the current fiscal year.

About Dexterra Group

Dexterra Group is a publicly listed corporation delivering a range of support services for the creation, management, and operation of infrastructure across Canada. Powered by people, we bring best-in-class regional expertise to every challenge and deliver innovative solutions, giving clients confidence in their day-to-day operations. Our activities include a comprehensive range of facilities management services, industry-leading workforce accommodation solutions, innovative modular building capabilities and other support services for diverse clients in the public and private sectors.