Deethree Exploration Coverage Initiated by Analysts at RBC Capital (DTX)
Research analysts at RBC Capital started coverage on shares of Deethree Exploration (TSE:DTX) in a report released on Wednesday. The firm set an “outperform” rating and a C$15.00 price target on the stock. RBC Capital’s target price indicates a potential upside of 33.21% from the company’s current price.
Deethree Exploration (TSE:DTX) traded up 2.31% on Wednesday, hitting $11.52. 570,653 shares of the company’s stock traded hands. Deethree Exploration has a one year low of $8.27 and a one year high of $12.18. The stock’s 50-day moving average is $11. and its 200-day moving average is $10.4. The company has a market cap of $1.023 billion and a P/E ratio of 31.28.
Deethree Exploration (TSE:DTX) last posted its quarterly earnings results on Thursday, August 14th. The company reported $0.21 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.16 by $0.05.
DTX has been the subject of a number of other recent research reports. Analysts at National Bank Financial raised their price target on shares of Deethree Exploration from C$11.50 to C$13.00 in a research note on Thursday, August 14th. They now have an “outperform” rating on the stock. Separately, analysts at TD Securities raised their price target on shares of Deethree Exploration from C$15.00 to C$15.50 in a research note on Thursday, August 14th. They now have a “buy” rating on the stock. Finally, analysts at NBF raised their price target on shares of Deethree Exploration from C$11.50 to C$13.00 in a research note on Thursday, August 14th. Six research analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and an average target price of C$14.17.
Deethree Exploration Ltd (TSE:DTX) is a Canada-based Company.
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