Decmil Group Limited Given “Buy” Rating at Hartley’s Research (DCG)
Decmil Group Limited (ASX:DCG)‘s stock had its “buy” rating reissued by analysts at Hartley’s Research in a research report issued to clients and investors on Wednesday. They currently have a $2.39 price objective on the stock.
Shares of Decmil Group Limited (ASX:DCG) remained flat at A$1.980 during during mid-day trading trading on Wednesday. 2,055,264 shares of the company’s stock traded hands. Decmil Group Limited has a 52 week low of A$1.625 and a 52 week high of A$2.700. The stock’s 50-day moving average is A$1.99 and its 200-day moving average is A$1.95. The company has a market cap of A$333.9 million and a P/E ratio of 6.35.
Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Decmil Group Limited in a research note on Thursday, June 5th. They now have a $2.90 price target on the stock, down previously from $3.10.
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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