National Bank Financial Issues Positive Forecast for Dexterra Group (TSE:DXT) Stock Price

Dexterra Group (TSE:DXT) had its price objective lifted by equities researchers 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 firm currently has an “outperform” rating on the stock. National Bank Financial’s price target would indicate a potential upside of 29.21% from the company’s previous close.

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

Dexterra Group Stock Up 7.4%

Shares of TSE DXT traded up C$0.88 during mid-day trading on Thursday, reaching C$12.77. The company had a trading volume of 75,760 shares, compared to its average volume of 46,533. The company has a debt-to-equity ratio of 80.46, a quick ratio of 1.28 and a current ratio of 1.25. The company has a market capitalization of C$794.79 million, a price-to-earnings ratio of 19.95, a PEG ratio of 0.90 and a beta of 0.43. The stock has a fifty day moving average of C$12.76 and a two-hundred day moving average of C$11.28. Dexterra Group has a 12-month low of C$6.88 and a 12-month high of C$13.93.

Dexterra Group (TSE:DXT) last released its quarterly earnings data on Tuesday, March 3rd. The company reported C$0.12 earnings per share for the quarter. The firm had revenue of C$270.95 million for the quarter. Dexterra Group had a net margin of 3.93% and a return on equity of 14.34%. As a group, equities research analysts expect that Dexterra Group will post 0.7094298 EPS for the current 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.