Dexterra Group (TSE:DXT) Stock Price Expected to Rise, Canaccord Genuity Group Analyst Says

Dexterra Group (TSE:DXT) had its target price hoisted by stock analysts at Canaccord Genuity Group from C$18.00 to C$21.00 in a research note issued to investors on Friday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 30.60% from the company’s current price.

Several other research analysts have also recently commented on the company. ATB Cormark Capital Markets increased their price target on Dexterra Group from C$14.25 to C$19.50 and gave the company an “outperform” rating in a research report on Wednesday, June 24th. National Bank Financial upped their price objective on Dexterra Group from C$16.50 to C$20.50 and gave the stock an “outperform” rating in a research note on Tuesday, July 21st. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$18.12.

Dexterra Group Stock Performance

Dexterra Group stock opened at C$16.08 on Friday. The company has a market cap of C$1.00 billion, a PE ratio of 22.03, a PEG ratio of 0.90 and a beta of 0.39. The company has a current ratio of 1.42, a quick ratio of 1.28 and a debt-to-equity ratio of 85.07. Dexterra Group has a 1 year low of C$8.93 and a 1 year high of C$16.08. The company’s 50-day moving average is C$13.77 and its two-hundred day moving average is C$12.94.

Dexterra Group (TSE:DXT) last posted its earnings results on Wednesday, May 6th. The company reported C$0.19 earnings per share 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. Equities analysts anticipate that Dexterra Group will post 0.7094298 earnings per share for the current year.

Dexterra Group Company Profile

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.