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Analysts at Raymond James started coverage on shares of Deethree Exploration (TSE:DTX) in a research report issued to clients and investors on Friday. The firm set an “outperform” rating and a C$14.00 price target on the stock. Raymond James’ price objective would indicate a potential upside of 28.79% from the company’s current price.

Shares of Deethree Exploration (TSE:DTX) opened at 10.87 on Friday. Deethree Exploration has a one year low of $6.84 and a one year high of $12.04. The stock has a 50-day moving average of $10.95 and a 200-day moving average of $9.66. The company has a price-to-earnings ratio of 30.31.

Deethree Exploration (TSE:DTX) last issued its quarterly earnings data on Tuesday, March 25th. The company reported $0.04 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.10 by $0.06.

Other equities research analysts have also recently issued reports about the stock. Analysts at TD Securities initiated coverage on shares of Deethree Exploration in a research note on Monday. They set a “buy” rating and a C$14.00 price target on the stock. Separately, analysts at National Bank Financial reiterated an “outperform” rating on shares of Deethree Exploration in a research note on Wednesday, May 28th. They now have a C$11.50 price target on the stock. Finally, 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. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of C$12.60.

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

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