Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Acquires C$74,100.00 in Stock

Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Robert George Blackadar acquired 2,000 shares of the business’s stock in a transaction on Monday, March 25th. The shares were bought at an average price of C$37.05 per share, for a total transaction of C$74,100.00.

Badger Infrastructure Solutions Trading Up 0.4 %

TSE:BDGI opened at C$51.25 on Thursday. The stock’s 50 day moving average price is C$46.47 and its 200 day moving average price is C$41.02. Badger Infrastructure Solutions Ltd. has a 52 week low of C$24.55 and a 52 week high of C$51.50. The company has a market capitalization of C$1.77 billion, a P/E ratio of 31.06 and a beta of 1.17. The company has a debt-to-equity ratio of 86.09, a quick ratio of 1.49 and a current ratio of 1.44.

Wall Street Analyst Weigh In

Several research firms have issued reports on BDGI. Scotiabank boosted their price objective on Badger Infrastructure Solutions from C$48.00 to C$52.00 and gave the stock a “sector perform” rating in a report on Friday, March 22nd. Stifel Nicolaus upped their target price on Badger Infrastructure Solutions from C$55.00 to C$62.00 in a report on Thursday, March 21st. BMO Capital Markets upped their target price on Badger Infrastructure Solutions from C$49.00 to C$52.00 and gave the company a “market perform” rating in a report on Thursday, March 21st. Raymond James upped their target price on Badger Infrastructure Solutions from C$52.00 to C$57.00 and gave the company an “outperform” rating in a report on Thursday, March 21st. Finally, CIBC upped their target price on Badger Infrastructure Solutions from C$50.00 to C$52.00 and gave the company a “neutral” rating in a report on Thursday, March 21st. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$53.11.

Badger Infrastructure Solutions Company Profile

Badger Infrastructure Solutions Ltd. provides non-destructive excavating and related services in Canada and the United States. Its Badger Hydrovac technology uses a pressurized water stream to liquefy the soil cover, which is then removed with a vacuum system and deposited into a storage tank. The company offers daylighting services for visual confirmation of buried lines, directional drilling test holes, sacrificial anode installation, pipeline and utility crossings, and subsurface utility engineering test holes applications; and debris removal services for frac tank clean-outs, road and box culvert clean-outs, pipe-rammed casing clean-outs, ballast and filter media removal, and inside structures and buildings material removal.