dentalcorp Holdings Ltd. (TSE:DNTL) Receives C$11.55 Average Target Price from Analysts

dentalcorp Holdings Ltd. (TSE:DNTL) has been given an average rating of “Hold” by the seven brokerages that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is C$11.55.

A number of analysts have recently commented on the company. Jefferies Financial Group downgraded dentalcorp from a “buy” rating to a “hold” rating and dropped their price objective for the stock from C$11.50 to C$11.00 in a report on Monday, September 29th. BMO Capital Markets downgraded dentalcorp from an “outperform” rating to a “market perform” rating and lowered their price target for the company from C$12.00 to C$11.00 in a research report on Monday, September 29th. TD Securities dropped their price target on dentalcorp from C$13.00 to C$11.00 and set a “sell” rating for the company in a research note on Monday, September 29th. Royal Bank Of Canada downgraded dentalcorp from an “outperform” rating to a “sector perform” rating and cut their price objective for the stock from C$13.00 to C$11.00 in a report on Monday, September 29th. Finally, Stifel Nicolaus cut dentalcorp from a “buy” rating to a “hold” rating and decreased their target price for the stock from C$12.50 to C$11.00 in a report on Tuesday, September 30th.

dentalcorp Price Performance

DNTL opened at C$10.93 on Friday. dentalcorp has a 1 year low of C$7.10 and a 1 year high of C$10.99. The company has a debt-to-equity ratio of 78.72, a quick ratio of 1.04 and a current ratio of 1.19. The company’s 50 day simple moving average is C$10.92 and its 200 day simple moving average is C$9.36. The stock has a market capitalization of C$2.18 billion, a PE ratio of -78.07, a P/E/G ratio of -2.69 and a beta of 1.37.

dentalcorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 21st. Stockholders of record on Tuesday, October 21st were given a $0.025 dividend. The ex-dividend date of this dividend was Thursday, October 2nd. This represents a $0.10 annualized dividend and a dividend yield of 0.9%. dentalcorp’s dividend payout ratio is presently -53.57%.

About dentalcorp

Dentalcorp Holdings Ltd is engaged in acquiring dental practices and providing health care services in Canada. It recognizes revenue for the provision of dental services that are rendered to patients by Partner dentists and dental practitioners contracted by the Professional Corporations and health care services rendered by employees or contractors of the company.