Extendicare (TSE:EXE) Given New C$22.50 Price Target at Canaccord Genuity Group

Extendicare (TSE:EXE) had its target price hoisted by Canaccord Genuity Group from C$20.00 to C$22.50 in a research report issued on Thursday,BayStreet.CA reports. Canaccord Genuity Group’s price objective would indicate a potential upside of 0.85% from the stock’s current price.

Several other research analysts also recently issued reports on EXE. Royal Bank Of Canada upgraded shares of Extendicare from a “sector perform” rating to an “outperform” rating and upped their price target for the stock from C$15.00 to C$25.00 in a research report on Thursday. Cormark boosted their target price on shares of Extendicare from C$25.00 to C$30.00 in a research note on Wednesday. National Bankshares increased their price target on shares of Extendicare from C$21.50 to C$24.50 and gave the company an “outperform” rating in a research note on Wednesday. TD Securities raised their price target on shares of Extendicare from C$15.00 to C$19.00 in a report on Thursday, November 13th. Finally, Natl Bk Canada upgraded shares of Extendicare to a “strong-buy” rating in a research report on Wednesday. Three analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Extendicare has an average rating of “Buy” and a consensus target price of C$23.86.

Extendicare Price Performance

Extendicare stock traded up C$1.32 on Thursday, reaching C$22.31. The company’s stock had a trading volume of 486,993 shares, compared to its average volume of 192,919. The business’s fifty day moving average price is C$16.98 and its 200 day moving average price is C$14.73. The company has a debt-to-equity ratio of 283.02, a quick ratio of 0.98 and a current ratio of 0.62. The company has a market cap of C$1.87 billion, a price-to-earnings ratio of 21.05 and a beta of 0.90. Extendicare has a twelve month low of C$9.69 and a twelve month high of C$22.57.

Extendicare Company Profile

Extendicare Inc, operating solely in Canada, is the largest private-sector owner and operator of long-term care (LTC”) homes and one of the largest private-sector providers of publicly funded home health care services.