Dexterra Group (TSE:DXT) Stock Price Expected to Rise, National Bank Financial Analyst Says

Dexterra Group (TSE:DXT) had its price target increased by equities research analysts at National Bank Financial from C$16.50 to C$20.50 in a report released on Tuesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s price objective points to a potential upside of 28.61% from the company’s previous close.

Separately, ATB Cormark Capital Markets raised their price objective on shares of Dexterra Group from C$14.25 to C$19.50 and gave the stock an “outperform” rating in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Dexterra Group presently has a consensus rating of “Buy” and an average price target of C$17.17.

Dexterra Group Stock Up 0.8%

Shares of DXT opened at C$15.94 on Tuesday. Dexterra Group has a 52 week low of C$8.93 and a 52 week high of C$16.05. The company has a quick ratio of 1.28, a current ratio of 1.42 and a debt-to-equity ratio of 85.07. The company has a market capitalization of C$994.91 million, a price-to-earnings ratio of 21.84, a PEG ratio of 0.90 and a beta of 0.39. The stock’s 50-day moving average price is C$13.65 and its 200-day moving average price is C$12.89.

Dexterra Group (TSE:DXT) last posted its earnings results on Wednesday, May 6th. The company reported C$0.19 EPS for the quarter. Dexterra Group had a return on equity of 16.00% and a net margin of 4.22%.The firm had revenue of C$275.47 million for the quarter. On average, sell-side analysts predict that Dexterra Group will post 0.7094298 EPS for the current year.

About Dexterra Group

Dexterra employs more than 9,000 people, delivering a range of support services for the creation, management, and operation of infrastructure across Canada and the U.S. Powered by people, Dexterra brings best-in-class regional expertise to every challenge and delivers innovative solutions, giving clients confidence in their day-to-day operations. Activities include a comprehensive range of integrated facilities management services, industry-leading workforce accommodation solutions, and other support services for diverse clients in the public and private sectors.