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Stock analysts at National Bank Financial started coverage on shares of Deethree Exploration (TSE:DTX) in a report issued on Monday, Analyst Ratings Network reports. The firm set an “outperform” rating and a C$11.50 price target on the stock. National Bank Financial’s target price would indicate a potential upside of 24.46% from the company’s current price.

Deethree Exploration (TSE:DTX) traded down 2.49% on Monday, hitting $9.01. The stock had a trading volume of 159,208 shares. Deethree Exploration has a one year low of $5.77 and a one year high of $9.94. The stock has a 50-day moving average of $9.27 and a 200-day moving average of $9.08. The company has a price-to-earnings ratio of 36.96.

DTX has been the subject of a number of other recent research reports. Analysts at NBF initiated coverage on shares of Deethree Exploration in a research note to investors on Monday. They set an “outperform” rating and a C$11.50 price target on the stock. Separately, analysts at CIBC reiterated a “sector perform” rating on shares of Deethree Exploration in a research note to investors on Thursday, December 19th. Finally, analysts at Desjardins initiated coverage on shares of Deethree Exploration in a research note to investors on Monday, November 25th. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Deethree Exploration presently has an average rating of “Buy” and an average target price of C$10.60.

Deethree Exploration Ltd (TSE:DTX) is a Canada-based Company.

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