Robert George Blackadar Acquires 2,000 Shares of Badger Infrastructure Solutions Ltd. (TSE:BDGI) Stock

Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Robert George Blackadar acquired 2,000 shares of Badger Infrastructure Solutions stock in a transaction on Monday, March 25th. The shares were bought at an average price of C$37.05 per share, for a total transaction of C$74,100.00.

Badger Infrastructure Solutions Stock Performance

TSE:BDGI opened at C$50.20 on Friday. Badger Infrastructure Solutions Ltd. has a twelve month low of C$24.55 and a twelve month high of C$51.50. The company has a current ratio of 1.44, a quick ratio of 1.49 and a debt-to-equity ratio of 86.09. The company has a 50-day moving average of C$46.61 and a 200-day moving average of C$41.09. The firm has a market cap of C$1.73 billion, a price-to-earnings ratio of 30.42 and a beta of 1.17.

Wall Street Analysts Forecast Growth

BDGI has been the topic of a number of research reports. Scotiabank increased their target price on shares of Badger Infrastructure Solutions from C$48.00 to C$52.00 and gave the stock a “sector perform” rating in a report on Friday, March 22nd. BMO Capital Markets increased their target price on shares of Badger Infrastructure Solutions from C$49.00 to C$52.00 and gave the stock a “market perform” rating in a report on Thursday, March 21st. Raymond James increased their target price on shares of Badger Infrastructure Solutions from C$52.00 to C$57.00 and gave the stock an “outperform” rating in a report on Thursday, March 21st. Canaccord Genuity Group increased their target price on shares of Badger Infrastructure Solutions from C$52.00 to C$60.00 and gave the stock a “buy” rating in a report on Monday, March 4th. Finally, Stifel Nicolaus increased their target price on shares of Badger Infrastructure Solutions from C$55.00 to C$62.00 in a report on Thursday, March 21st. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$53.11.

Badger Infrastructure Solutions Company Profile

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.