RBC Capital Reiterates Outperform Rating for Decmil Group Limited (DCG)
Decmil Group Limited (ASX:DCG)‘s stock had its “outperform” rating restated by investment analysts at RBC Capital in a note issued to investors on Tuesday. They currently have a $2.90 price target on the stock, down from their previous price target of $3.10.
Decmil Group Limited (ASX:DCG) remained flat at A$1.820 during during mid-day trading trading on Tuesday. 90,302 shares of the company’s stock traded hands. Decmil Group Limited has a one year low of A$1.350 and a one year high of A$2.700. The stock’s 50-day moving average is A$2.02 and its 200-day moving average is A$2.06. The company has a market cap of A$307.0 million and a P/E ratio of 6.67.
Several other analysts have also recently commented on the stock. Analysts at Hartley’s Research reiterated a “buy” rating on shares of Decmil Group Limited in a research note on Wednesday, March 12th. They now have a $25.70 price target on the stock.
Decmil Group Limited (ASX:DCG), through its subsidiaries, provides design, civil engineering and construction works for the oil and gas, resources and infrastructure sectors.
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