dentalcorp Holdings Ltd. (TSE:DNTL) Receives Average Recommendation of “Buy” from Brokerages

Shares of dentalcorp Holdings Ltd. (TSE:DNTL) have received a consensus recommendation of “Buy” from the six ratings firms that are presently covering the firm, MarketBeat Ratings reports. Six investment analysts have rated the stock with a buy recommendation. The average 1 year target price among analysts that have covered the stock in the last year is C$12.59.

Several analysts have recently weighed in on the company. TD Securities boosted their price target on dentalcorp from C$12.00 to C$13.00 and gave the stock a “buy” rating in a report on Thursday, May 22nd. Desjardins boosted their price target on dentalcorp from C$12.00 to C$12.75 and gave the stock a “buy” rating in a report on Monday, March 24th. Canaccord Genuity Group boosted their price target on dentalcorp from C$12.25 to C$12.50 and gave the stock a “buy” rating in a report on Monday, March 24th. CIBC boosted their price target on dentalcorp from C$11.50 to C$13.00 and gave the stock an “outperform” rating in a report on Monday, March 24th. Finally, National Bankshares set a C$15.00 price target on dentalcorp and gave the stock a “buy” rating in a report on Thursday, February 27th.

dentalcorp Stock Performance

dentalcorp stock opened at C$8.81 on Monday. dentalcorp has a 12-month low of C$6.50 and a 12-month high of C$10.50. The company has a quick ratio of 1.04, a current ratio of 1.19 and a debt-to-equity ratio of 78.72. The business’s 50-day moving average price is C$8.29 and its two-hundred day moving average price is C$8.21. The stock has a market cap of C$1.65 billion, a PE ratio of -20.48, a P/E/G ratio of -2.69 and a beta of 1.26.

dentalcorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 22nd were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 1.36%. The ex-dividend date of this dividend was 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.