National Bank Financial Boosts Dexterra Group (TSE:DXT) Price Target to C$16.50

Dexterra Group (TSE:DXT) had its target price raised by stock analysts at National Bank Financial from C$15.50 to C$16.50 in a research note issued to investors on Thursday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s target price would suggest a potential upside of 28.11% from the company’s current price.

Other equities research analysts also recently issued research reports about the company. ATB Cormark Capital Markets raised their price target on Dexterra Group from C$12.00 to C$13.75 and gave the company a “moderate buy” rating in a research report on Thursday. Canaccord Genuity Group raised Dexterra Group to a “strong-buy” rating in a research report on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of C$13.92.

Dexterra Group Price Performance

Shares of TSE DXT opened at C$12.88 on Thursday. The company has a debt-to-equity ratio of 78.68, a quick ratio of 1.28 and a current ratio of 1.23. The firm’s 50-day simple moving average is C$12.79 and its 200 day simple moving average is C$11.31. Dexterra Group has a fifty-two week low of C$6.88 and a fifty-two week high of C$13.93. The stock has a market cap of C$801.64 million, a price-to-earnings ratio of 20.13, a PEG ratio of 0.90 and a beta of 0.17.

Dexterra Group (TSE:DXT) last announced its earnings results on Tuesday, March 3rd. The company reported C$0.12 earnings per share (EPS) for the quarter. Dexterra Group had a return on equity of 14.45% and a net margin of 3.89%.The firm had revenue of C$270.95 million during the quarter. As a group, research analysts anticipate that Dexterra Group will post 0.7094298 earnings per share for the current fiscal year.

About Dexterra Group

Dexterra Group is a publicly listed corporation delivering a range of support services for the creation, management, and operation of infrastructure across Canada. Powered by people, we bring best-in-class regional expertise to every challenge and deliver innovative solutions, giving clients confidence in their day-to-day operations. Our activities include a comprehensive range of facilities management services, industry-leading workforce accommodation solutions, innovative modular building capabilities and other support services for diverse clients in the public and private sectors.