Badger Infrastructure Solutions Ltd. (TSE:BDGI) Receives C$80.29 Consensus PT from Analysts

Shares of Badger Infrastructure Solutions Ltd. (TSE:BDGI) have received an average rating of “Moderate Buy” from the six ratings firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$80.71.

A number of equities analysts have recently weighed in on the company. BMO Capital Markets boosted their price target on Badger Infrastructure Solutions from C$82.00 to C$85.00 in a report on Friday. Canaccord Genuity Group lifted their price objective on Badger Infrastructure Solutions from C$60.00 to C$71.00 and gave the stock a “buy” rating in a research report on Tuesday, October 7th. TD Securities upped their target price on shares of Badger Infrastructure Solutions from C$70.00 to C$83.00 and gave the company a “buy” rating in a report on Friday, November 7th. National Bankshares set a C$84.00 price target on shares of Badger Infrastructure Solutions and gave the stock an “outperform” rating in a research note on Thursday, November 27th. Finally, Stifel Nicolaus lifted their price target on shares of Badger Infrastructure Solutions from C$86.00 to C$88.00 in a report on Monday, November 10th.

Badger Infrastructure Solutions Stock Up 3.0%

Shares of TSE BDGI opened at C$81.81 on Friday. Badger Infrastructure Solutions has a 52-week low of C$33.62 and a 52-week high of C$82.50. The firm has a market cap of C$2.76 billion, a price-to-earnings ratio of 44.95 and a beta of 1.01. The company has a quick ratio of 1.49, a current ratio of 1.73 and a debt-to-equity ratio of 92.49. The company’s 50-day simple moving average is C$74.54 and its 200-day simple moving average is C$64.66.

Badger Infrastructure Solutions (TSE:BDGI) last issued its quarterly earnings data on Wednesday, November 5th. The company reported C$0.91 earnings per share for the quarter. Badger Infrastructure Solutions had a net margin of 5.71% and a return on equity of 16.64%. The business had revenue of C$330.48 million during the quarter. Equities analysts predict that Badger Infrastructure Solutions will post 3.3008403 EPS for the current fiscal 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. The company manufactures and designs its truck-mounted hydrovac units, giving an opportunity to incorporate feedback from its hydrovac operators into its existing and future design and manufacturing processes.