National Bankshares Reiterates “C$82.00” Price Target for Badger Infrastructure Solutions (TSE:BDGI)

National Bankshares set a C$82.00 price objective on Badger Infrastructure Solutions (TSE:BDGI) in a report issued on Friday,BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.

A number of other equities research analysts also recently issued reports on BDGI. BMO Capital Markets increased their price target on Badger Infrastructure Solutions from C$82.00 to C$85.00 in a research report on Friday, January 16th. Raymond James Financial downgraded Badger Infrastructure Solutions from an “outperform” rating to a “market perform” rating and upped their target price for the company from C$60.00 to C$72.00 in a research report on Wednesday, October 22nd. TD Securities raised their price target on Badger Infrastructure Solutions from C$70.00 to C$83.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. CIBC boosted their price target on Badger Infrastructure Solutions from C$71.00 to C$82.00 in a research note on Friday, November 7th. Finally, Stifel Nicolaus increased their price objective on shares of Badger Infrastructure Solutions from C$86.00 to C$88.00 in a research note on Monday, November 10th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$80.43.

Badger Infrastructure Solutions Price Performance

Shares of BDGI stock opened at C$78.02 on Friday. The company has a current ratio of 1.73, a quick ratio of 1.49 and a debt-to-equity ratio of 92.49. The firm has a market capitalization of C$2.63 billion, a price-to-earnings ratio of 42.87 and a beta of 1.01. Badger Infrastructure Solutions has a 1 year low of C$33.62 and a 1 year high of C$82.57. The firm’s 50 day moving average is C$75.18 and its 200-day moving average is C$65.75.

Badger Infrastructure Solutions (TSE:BDGI) last posted its quarterly earnings results on Wednesday, November 5th. The company reported C$0.91 earnings per share for the quarter. Badger Infrastructure Solutions had a return on equity of 16.64% and a net margin of 5.71%.The business had revenue of C$330.48 million for the quarter. Sell-side analysts forecast 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.