Raymond James Financial, Inc. Increases Dirtt Environmental Solutions Ltd (TSE:DRT) Price Target to C$10.00
Dirtt Environmental Solutions Ltd (TSE:DRT) had its price target increased by equities research analysts at Raymond James Financial, Inc. from C$9.00 to C$10.00 in a note issued to investors on Friday. The firm currently has a “strong-buy” rating on the stock. Raymond James Financial, Inc.’s price objective indicates a potential upside of 78.25% from the stock’s previous close.
Shares of Dirtt Environmental Solutions (TSE DRT) traded down 4.10% during trading on Friday, reaching $5.61. The company’s stock had a trading volume of 118,313 shares. Dirtt Environmental Solutions has a 1-year low of $4.59 and a 1-year high of $7.51. The stock has a 50 day moving average of $6.31 and a 200-day moving average of $6.62. The company has a market capitalization of $477.28 million and a PE ratio of 86.31.
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In other Dirtt Environmental Solutions news, Director Mogens Falk Smed sold 41,667 shares of the firm’s stock in a transaction on Monday, June 26th. The stock was sold at an average price of C$6.75, for a total transaction of C$281,252.25. Also, insider Barrie Arnold Loberg sold 59,500 shares of the firm’s stock in a transaction on Friday, May 12th. The stock was sold at an average price of C$6.30, for a total value of C$374,850.00. In the last three months, insiders have acquired 11,500 shares of company stock valued at $59,970 and have sold 161,167 shares valued at $1,046,102.
About Dirtt Environmental Solutions
DIRTT Environmental Solutions Ltd. is a manufacturer of customized interiors. The Company combines its three-dimensional (3D) design, configuration and manufacturing software (ICE or ICE Software) with in-house manufacturing of its prefabricated interior construction solutions and a distribution partner (DP) network.
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