Dexterra Group (TSE:DXT) Price Target Raised to C$20.50

Dexterra Group (TSE:DXT) had its price target lifted by research analysts at National Bank Financial from C$16.50 to C$20.50 in a research report issued on Tuesday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bank Financial’s target price points to a potential upside of 29.99% from the stock’s current price.

Separately, ATB Cormark Capital Markets upped their target price on shares of Dexterra Group from C$14.25 to C$19.50 and gave the company an “outperform” rating in a report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of C$17.17.

Dexterra Group Stock Performance

DXT stock traded up C$0.18 during midday trading on Tuesday, hitting C$15.77. The stock had a trading volume of 40,566 shares, compared to its average volume of 39,908. The company has a current ratio of 1.42, a quick ratio of 1.28 and a debt-to-equity ratio of 85.07. The stock has a 50-day simple moving average of C$13.53 and a 200 day simple moving average of C$12.83. Dexterra Group has a 52 week low of C$8.93 and a 52 week high of C$15.94. The firm has a market capitalization of C$984.30 million, a price-to-earnings ratio of 21.60, a P/E/G ratio of 0.90 and a beta of 0.39.

Dexterra Group (TSE:DXT) last released its earnings results on Wednesday, May 6th. The company reported C$0.19 EPS for the quarter. Dexterra Group had a return on equity of 16.00% and a net margin of 4.22%.The company had revenue of C$275.47 million during the quarter. As a group, equities research analysts anticipate that Dexterra Group will post 0.7094298 earnings per share for the current 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.