Distinct Infrastructure Group (CVE:DUG) had its target price reduced by stock analysts at Raymond James from C$1.20 to C$0.30 in a research note issued on Thursday. The brokerage presently has a “market perform” rating on the stock. Raymond James’ price target would indicate a potential downside of 9.09% from the stock’s previous close.

Several other research analysts have also weighed in on the stock. Industrial Alliance Securities lowered their price objective on shares of Distinct Infrastructure Group from C$1.75 to C$1.25 in a research note on Thursday, September 13th. Canaccord Genuity lowered their price objective on shares of Distinct Infrastructure Group from C$0.60 to C$0.20 in a research note on Monday, December 3rd.

Distinct Infrastructure Group stock opened at C$0.33 on Thursday. Distinct Infrastructure Group has a fifty-two week low of C$0.27 and a fifty-two week high of C$1.60. The company has a debt-to-equity ratio of 267.39, a quick ratio of 3.91 and a current ratio of 4.21.

About Distinct Infrastructure Group

Distinct Infrastructure Group Inc, through its subsidiaries, operates as a design, engineering, construction, services, and maintenance company in Canada. The company offers technical services and maintenance, underground and aerial civil construction, third party material management, and hydro-excavation services to the utilities and telecommunications sectors, as well as to governments.

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