Dirtt Environmental Solutions (DRT) Downgraded by Raymond James Financial
Dirtt Environmental Solutions (TSE:DRT) was downgraded by stock analysts at Raymond James Financial from a “strong-buy” rating to an “outperform” rating in a research note issued to investors on Wednesday. They presently have a C$8.00 price objective on the stock, down from their prior price objective of C$10.00. Raymond James Financial’s price target indicates a potential upside of 44.67% from the stock’s previous close.
Separately, Beacon Securities upgraded Dirtt Environmental Solutions from a “hold” rating to a “buy” rating in a research note on Wednesday, September 13th.
Shares of Dirtt Environmental Solutions (TSE DRT) traded down C$1.21 during trading hours on Wednesday, reaching C$5.53. The company’s stock had a trading volume of 2,078,368 shares, compared to its average volume of 1,061,510. The stock has a market capitalization of $450.23, a PE ratio of 110.60 and a beta of 1.16. Dirtt Environmental Solutions has a 1-year low of C$4.94 and a 1-year high of C$7.51.
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DIRTT Environmental Solutions Ltd. designs, manufactures, and installs customized prefabricated interiors. The company combines its proprietary 3D design, configuration, and manufacturing software with integrated in-house manufacturing of its prefabricated interior construction solutions and its distribution partner network.
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