dentalcorp Holdings Ltd. (TSE:DNTL) Given Average Recommendation of “Buy” by Analysts

dentalcorp Holdings Ltd. (TSE:DNTL) has been given an average recommendation of “Buy” by the eight brokerages that are currently covering the stock, MarketBeat.com reports. Eight equities research analysts have rated the stock with a buy rating. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is C$12.22.

Several research analysts have issued reports on the company. TD Securities set a C$12.00 price target on dentalcorp and gave the stock a “buy” rating in a report on Thursday, December 12th. National Bankshares set a C$15.00 price target on shares of dentalcorp and gave the company a “buy” rating in a research note on Thursday, February 27th. Canaccord Genuity Group raised their price objective on shares of dentalcorp from C$12.25 to C$12.50 and gave the company a “buy” rating in a research note on Monday, March 24th. CIBC boosted their target price on shares of dentalcorp from C$11.50 to C$13.00 and gave the stock an “outperform” rating in a research report on Monday, March 24th. Finally, Desjardins raised their price target on shares of dentalcorp from C$12.00 to C$12.75 and gave the company a “buy” rating in a research report on Monday, March 24th.

dentalcorp Trading Down 2.4 %

Shares of DNTL stock opened at C$7.70 on Friday. The company has a market cap of C$1.45 billion, a P/E ratio of -17.90, a PEG ratio of -2.69 and a beta of 1.26. dentalcorp has a fifty-two week low of C$6.01 and a fifty-two week high of C$10.50. The stock has a 50 day simple moving average of C$7.78 and a two-hundred day simple moving average of C$8.37. The company has a debt-to-equity ratio of 78.72, a quick ratio of 1.04 and a current ratio of 1.19.

dentalcorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 22nd. Investors of record on Tuesday, April 22nd will be paid a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date is Friday, April 4th.

dentalcorp Company Profile

Dentalcorp Holdings Ltd is engaged in acquiring dental practices and providing health care services in Canada. It recognizes revenue for the provision of dental services that are rendered to patients by Partner dentists and dental practitioners contracted by the Professional Corporations and health care services rendered by employees or contractors of the company.