Deethree Exploration Given Consensus Recommendation of “Buy” by Brokerages (TSE:DTX)
Shares of Deethree Exploration (TSE:DTX) have received a consensus rating of “Buy” from the seven ratings firms that are covering the stock, AR Network reports. Six equities research analysts have rated the stock with a buy recommendation, The average twelve-month price target among brokerages that have covered the stock in the last year is C$14.17.
Deethree Exploration (TSE:DTX) opened at 11.20 on Thursday. Deethree Exploration has a 52-week low of $8.27 and a 52-week high of $12.18. The stock’s 50-day moving average is $11.1 and its 200-day moving average is $10.47. The company has a market cap of $994.9 million and a P/E ratio of 31.08.
Deethree Exploration (TSE:DTX) last announced its earnings results on Thursday, August 14th. The company reported $0.21 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.16 by $0.05.
Several analysts have recently commented on the stock. Analysts at RBC Capital initiated coverage on shares of Deethree Exploration in a research note on Wednesday, August 27th. 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.
Deethree Exploration Ltd (TSE:DTX) is a Canada-based Company.
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