Research Analysts’ Weekly Ratings Updates for Badger Infrastructure Solutions (BDGI)

Several analysts have recently updated their ratings and price targets for Badger Infrastructure Solutions (TSE: BDGI):

• 3/22/2024 – Badger Infrastructure Solutions had its price target raised by analysts at Scotiabank from C$48.00 to C$52.00. They now have a “sector perform” rating on the stock.
• 3/21/2024 – Badger Infrastructure Solutions had its price target raised by analysts at Acumen Capital from C$47.50 to C$53.00. They now have a “speculative buy” rating on the stock.
• 3/21/2024 – Badger Infrastructure Solutions had its price target raised by analysts at Raymond James from C$52.00 to C$57.00. They now have an “outperform” rating on the stock.
• 3/21/2024 – Badger Infrastructure Solutions had its price target raised by analysts at CIBC from C$50.00 to C$52.00. They now have a “neutral” rating on the stock.
• 3/21/2024 – Badger Infrastructure Solutions had its price target raised by analysts at BMO Capital Markets from C$49.00 to C$52.00. They now have a “market perform” rating on the stock.
• 3/21/2024 – Badger Infrastructure Solutions had its price target raised by analysts at Stifel Nicolaus from C$55.00 to C$62.00.
• 3/13/2024 – Badger Infrastructure Solutions had its price target raised by analysts at Stifel Nicolaus from C$52.00 to C$55.00.
• 3/4/2024 – Badger Infrastructure Solutions had its price target raised by analysts at Scotiabank from C$42.50 to C$48.00. They now have a “sector perform” rating on the stock.
• 3/4/2024 – Badger Infrastructure Solutions had its price target raised by analysts at CIBC from C$46.00 to C$50.00. They now have a “neutral” rating on the stock.
• 3/4/2024 – Badger Infrastructure Solutions had its price target raised by analysts at Canaccord Genuity Group Inc. from C$52.00 to C$60.00. They now have a “buy” rating on the stock.

Badger Infrastructure Solutions Trading Up 1.3 %

TSE:BDGI traded up C$0.62 during midday trading on Thursday, hitting C$49.67. The stock had a trading volume of 67,959 shares, compared to its average volume of 66,247. Badger Infrastructure Solutions Ltd. has a one year low of C$24.55 and a one year high of C$51.50. The company has a market capitalization of C$1.71 billion, a price-to-earnings ratio of 30.10 and a beta of 1.17. The stock has a 50-day moving average of C$47.22 and a 200 day moving average of C$42.18. The company has a quick ratio of 1.49, a current ratio of 1.44 and a debt-to-equity ratio of 86.09.

Insider Activity

In other news, Director Stephen James Jones bought 1,000 shares of the business’s stock in a transaction that occurred on Friday, March 8th. The shares were purchased at an average cost of C$33.95 per share, with a total value of C$33,950.00. In related news, Director Robert George Blackadar purchased 2,000 shares of the business’s stock in a transaction on Monday, March 25th. The shares were bought at an average cost of C$37.05 per share, with a total value of C$74,100.00. Also, Director Stephen James Jones bought 1,000 shares of the company’s stock in a transaction dated Friday, March 8th. The shares were acquired at an average price of C$33.95 per share, for a total transaction of C$33,950.00. In the last quarter, insiders acquired 4,000 shares of company stock worth $139,694. Insiders own 0.37% of the company’s stock.

Badger Infrastructure Solutions Ltd. provides non-destructive excavating and related services in Canada and the United States. Its Badger Hydrovac technology uses a pressurized water stream to liquefy the soil cover, which is then removed with a vacuum system and deposited into a storage tank. The company offers daylighting services for visual confirmation of buried lines, directional drilling test holes, sacrificial anode installation, pipeline and utility crossings, and subsurface utility engineering test holes applications; and debris removal services for frac tank clean-outs, road and box culvert clean-outs, pipe-rammed casing clean-outs, ballast and filter media removal, and inside structures and buildings material removal.