Deethree Exploration Receives Average Rating of “Buy” from Brokerages (TSE:DTX)
Shares of Deethree Exploration (TSE:DTX) have earned an average rating of “Buy” from the seven brokerages that are covering the stock, American Banking News reports. Six analysts have rated the stock with a buy rating, The average 1-year target price among analysts that have covered the stock in the last year is C$14.17.
A number of research firms have recently commented on DTX. Analysts at RBC Capital initiated coverage on shares of Deethree Exploration in a research note on Wednesday. They set an “outperform” rating and a C$15.00 price target on the stock. Separately, 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. Finally, 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.
Shares of Deethree Exploration (TSE:DTX) remained flat at $11.40 during trading on Thursday. The stock had a trading volume of 240,806 shares. Deethree Exploration has a 52-week low of $8.27 and a 52-week high of $12.18. The stock has a 50-day moving average of $11.07 and a 200-day moving average of $10.45. The company has a market cap of $1.013 billion and a P/E ratio of 31.67.
Deethree Exploration (TSE:DTX) last released its earnings data 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.
Deethree Exploration Ltd (TSE:DTX) is a Canada-based Company.
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