Badger Infrastructure Solutions (TSE:BDGI) Price Target Raised to C$82.00

Badger Infrastructure Solutions (TSE:BDGI) had its price target hoisted by BMO Capital Markets from C$70.00 to C$82.00 in a research note released on Monday morning,BayStreet.CA reports.

Several other equities research analysts also recently issued reports on the stock. TD Securities raised their price objective on shares of Badger Infrastructure Solutions from C$70.00 to C$83.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Raymond James Financial lowered shares of Badger Infrastructure Solutions from an “outperform” rating to a “market perform” rating and raised their price target for the stock from C$60.00 to C$72.00 in a research report on Wednesday, October 22nd. CIBC boosted their price objective on shares of Badger Infrastructure Solutions from C$71.00 to C$82.00 in a report on Friday, November 7th. Stifel Nicolaus upped their price objective on shares of Badger Infrastructure Solutions from C$86.00 to C$88.00 in a research report on Monday, November 10th. Finally, Canaccord Genuity Group boosted their price target on Badger Infrastructure Solutions from C$60.00 to C$71.00 and gave the company a “buy” rating in a research note on Tuesday, October 7th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Badger Infrastructure Solutions presently has a consensus rating of “Moderate Buy” and an average target price of C$80.29.

Badger Infrastructure Solutions Trading Up 0.1%

Badger Infrastructure Solutions stock opened at C$78.37 on Monday. Badger Infrastructure Solutions has a 52 week low of C$33.62 and a 52 week high of C$79.37. The company has a debt-to-equity ratio of 92.49, a quick ratio of 1.49 and a current ratio of 1.73. The firm has a market capitalization of C$2.64 billion, a PE ratio of 43.06 and a beta of 1.05. The business’s 50-day simple moving average is C$70.88 and its 200-day simple moving average is C$58.97.

Badger Infrastructure Solutions (TSE:BDGI) last announced its earnings results on Wednesday, November 5th. The company reported C$0.91 earnings per share for the quarter. The firm had revenue of C$330.48 million during the quarter. Badger Infrastructure Solutions had a return on equity of 16.64% and a net margin of 5.71%. Equities research analysts forecast that Badger Infrastructure Solutions will post 3.3008403 earnings per share for the current year.

About Badger Infrastructure Solutions

Badger Infrastructure Solutions Ltd is North America’s provider of non-destructive excavating services. Its key technology is the Badger Hydrovac, which is used primarily for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank.