Badger Infrastructure Solutions (TSE:BDGI) Price Target Raised to C$82.25

Badger Infrastructure Solutions (TSE:BDGI) had its target price raised by Acumen Capital from C$77.25 to C$82.25 in a research report released on Wednesday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

BDGI has been the subject of a number of other research reports. Stifel Nicolaus decreased their price target on shares of Badger Infrastructure Solutions from C$88.00 to C$85.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Canaccord Genuity Group downgraded shares of Badger Infrastructure Solutions from a “buy” rating to a “hold” rating and set a C$81.00 target price for the company. in a research report on Monday, February 2nd. Canadian Imperial Bank of Commerce raised their price target on shares of Badger Infrastructure Solutions from C$71.00 to C$82.00 in a research report on Friday, November 7th. National Bank Financial set a C$82.00 target price on Badger Infrastructure Solutions and gave the stock a “sector perform” rating in a research note on Friday, January 23rd. Finally, Raymond James Financial lowered Badger Infrastructure Solutions from an “outperform” rating to a “market perform” rating and upped their target price for the company from C$60.00 to C$72.00 in a report on Wednesday, October 22nd. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Badger Infrastructure Solutions currently has an average rating of “Moderate Buy” and a consensus price target of C$81.53.

Badger Infrastructure Solutions Stock Performance

Shares of BDGI opened at C$69.18 on Wednesday. Badger Infrastructure Solutions has a one year low of C$33.62 and a one year high of C$82.57. The company has a market cap of C$2.33 billion, a PE ratio of 38.01 and a beta of 0.84. The stock has a 50-day moving average of C$75.12 and a 200-day moving average of C$67.58. The company has a debt-to-equity ratio of 92.49, a current ratio of 1.73 and a quick ratio of 1.49.

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

Badger Infrastructure Solutions Company Profile

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.