National Bank Financial Reiterates Outperform Rating for Deethree Exploration (DTX)
Deethree Exploration (TSE:DTX)‘s stock had its “outperform” rating reaffirmed by equities research analysts at National Bank Financial in a research note issued to investors on Wednesday. They currently have a C$11.50 price objective on the stock. National Bank Financial’s target price would suggest a potential upside of 8.59% from the stock’s previous close.
Deethree Exploration (TSE:DTX) traded down 0.47% on Wednesday, hitting $10.54. The stock had a trading volume of 202,259 shares. Deethree Exploration has a 1-year low of $6.84 and a 1-year high of $12.04. The stock has a 50-day moving average of $10.88 and a 200-day moving average of $9.60. The company has a price-to-earnings ratio of 29.42.
Deethree Exploration (TSE:DTX) last posted its quarterly earnings results on Tuesday, March 25th. The company reported $0.04 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.10 by $0.06.
Several other analysts have also recently commented on the stock. Analysts at ING Group initiated coverage on shares of Deethree Exploration in a research note on Wednesday. They set an “outperform” rating and a C$11.50 price target on the stock. Separately, analysts at CIBC raised their price target on shares of Deethree Exploration from C$11.50 to C$12.00 in a research note on Wednesday, March 12th. They now have a “sector perform” rating on the stock. Finally, analysts at TD Securities raised their price target on shares of Deethree Exploration from C$12.00 to C$13.00 in a research note on Tuesday, March 11th. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of C$11.90.
Deethree Exploration Ltd (TSE:DTX) is a Canada-based Company.