Dexterra Group (TSE:DXT) Stock Price Target Raised at ATB Cormark Capital Markets

Dexterra Group (TSE:DXT) had its target price raised by investment analysts at ATB Cormark Capital Markets from C$19.50 to C$25.00 in a note issued to investors on Tuesday, BayStreet reports. The firm currently has an “outperform” rating on the stock. ATB Cormark Capital Markets’ price objective suggests a potential upside of 36.24% from the company’s previous close.

Other equities research analysts have also recently issued reports about the company. Canaccord Genuity Group boosted their target price on Dexterra Group from C$18.00 to C$21.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. National Bank Financial raised their price target on Dexterra Group from C$16.50 to C$20.50 and gave the company an “outperform” rating in a report on Tuesday, July 21st. Scotia raised their price target on Dexterra Group from C$14.00 to C$14.50 and gave the company a “sector perform” rating in a report on Wednesday, August 5th. Finally, Raymond James Financial lifted their price objective on Dexterra Group from C$18.50 to C$20.00 and gave the stock an “outperform” rating in a research report on Thursday, September 24th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$20.20.

Dexterra Group Price Performance

Shares of DXT traded up C$0.77 during mid-day trading on Tuesday, hitting C$18.35. 80,663 shares of the company traded hands, compared to its average volume of 44,719. The company has a current ratio of 1.32, a quick ratio of 1.28 and a debt-to-equity ratio of 76.31. The stock has a market capitalization of C$1.15 billion, a price-to-earnings ratio of 26.59, a PEG ratio of 0.90 and a beta of 0.06. The business has a 50-day moving average of C$14.86 and a 200 day moving average of C$13.81. Dexterra Group has a one year low of C$9.78 and a one year high of C$18.50.

Dexterra Group (TSE:DXT) last posted its quarterly earnings data on Tuesday, August 4th. The company reported C$0.20 earnings per share for the quarter. Dexterra Group had a net margin of 4.01% and a return on equity of 15.18%. The firm had revenue of C$269.21 million during the quarter. As a group, equities analysts expect that Dexterra Group will post 0.71 earnings per share for the current fiscal year.

Dexterra Group Company Profile

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.