Dexterra Group (TSE:DXT) Price Target Raised to C$20.50

Dexterra Group (TSE:DXT) had its price objective upped by National Bank Financial from C$16.50 to C$20.50 in a report published on Tuesday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Separately, ATB Cormark Capital Markets boosted their target price on shares of Dexterra Group from C$14.25 to C$19.50 and gave the stock an “outperform” rating in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of C$17.17.

Dexterra Group Price Performance

Shares of TSE:DXT opened at C$15.55 on Tuesday. The company has a quick ratio of 1.28, a current ratio of 1.42 and a debt-to-equity ratio of 85.07. Dexterra Group has a twelve month low of C$8.93 and a twelve month high of C$16.05. The stock’s 50 day moving average is C$13.71 and its 200-day moving average is C$12.92. The firm has a market capitalization of C$970.57 million, a price-to-earnings ratio of 21.30, a PEG ratio of 0.90 and a beta of 0.39.

Dexterra Group (TSE:DXT) last posted its quarterly earnings results on Wednesday, May 6th. The company reported C$0.19 earnings per share (EPS) for the quarter. Dexterra Group had a net margin of 4.22% and a return on equity of 16.00%. The business had revenue of C$275.47 million during the quarter. Sell-side analysts forecast that Dexterra Group will post 0.7094298 EPS for the current fiscal year.

About Dexterra Group

Dexterra employs more than 9,000 people, delivering a range of support services for the creation, management, and operation of infrastructure across Canada and the U.S. Powered by people, Dexterra brings best-in-class regional expertise to every challenge and delivers innovative solutions, giving clients confidence in their day-to-day operations. Activities include a comprehensive range of integrated facilities management services, industry-leading workforce accommodation solutions, and other support services for diverse clients in the public and private sectors.