Badger Infrastructure Solutions (TSE:BDGI) PT Set at C$82.00 by National Bankshares

Badger Infrastructure Solutions (TSE:BDGI) has been assigned a C$82.00 target price by stock analysts at National Bankshares in a research report issued to clients and investors on Friday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. National Bankshares’ price target indicates a potential upside of 5.10% from the stock’s previous close.

BDGI has been the subject of a number of other reports. Raymond James Financial lowered Badger Infrastructure Solutions from an “outperform” rating to a “market perform” rating and boosted their price objective for the stock from C$60.00 to C$72.00 in a report on Wednesday, October 22nd. TD Securities raised their price objective on Badger Infrastructure Solutions from C$70.00 to C$83.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Stifel Nicolaus increased their target price on shares of Badger Infrastructure Solutions from C$86.00 to C$88.00 in a report on Monday, November 10th. Canaccord Genuity Group boosted their price target on shares of Badger Infrastructure Solutions from C$60.00 to C$71.00 and gave the stock a “buy” rating in a report on Tuesday, October 7th. Finally, CIBC increased their price objective on shares of Badger Infrastructure Solutions from C$71.00 to C$82.00 in a research note on Friday, November 7th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Badger Infrastructure Solutions presently has a consensus rating of “Moderate Buy” and a consensus target price of C$80.43.

Badger Infrastructure Solutions Trading Down 3.9%

BDGI opened at C$78.02 on Friday. Badger Infrastructure Solutions has a 12 month low of C$33.62 and a 12 month high of C$82.57. The firm’s fifty day simple moving average is C$75.18 and its 200 day simple moving average is C$65.64. The company has a current ratio of 1.73, a quick ratio of 1.49 and a debt-to-equity ratio of 92.49. The stock has a market capitalization of C$2.63 billion, a P/E ratio of 42.87 and a beta of 1.01.

Badger Infrastructure Solutions (TSE:BDGI) last announced its quarterly earnings results on Wednesday, November 5th. The company reported C$0.91 EPS for the quarter. Badger Infrastructure Solutions had a net margin of 5.71% and a return on equity of 16.64%. The business had revenue of C$330.48 million during the quarter. As a group, research analysts anticipate that Badger Infrastructure Solutions will post 3.3008403 EPS for the current fiscal year.

About Badger Infrastructure Solutions

Badger Infrastructure Solutions Ltd is North America’s provider of non-destructive excavating services. Its key technology is the Badger Hydrovac, which is used primarily for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. The company manufactures and designs its truck-mounted hydrovac units, giving an opportunity to incorporate feedback from its hydrovac operators into its existing and future design and manufacturing processes.