Badger Infrastructure Solutions Ltd. (TSE:BDGI) Receives C$51.25 Consensus Price Target from Analysts

Shares of Badger Infrastructure Solutions Ltd. (TSE:BDGI) have earned an average rating of “Moderate Buy” from the six research firms that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is C$49.00.

BDGI has been the topic of several research reports. Stifel Nicolaus dropped their price objective on shares of Badger Infrastructure Solutions from C$53.00 to C$46.50 and set a “buy” rating on the stock in a research note on Thursday. Raymond James increased their price target on Badger Infrastructure Solutions from C$46.00 to C$50.00 and gave the stock an “outperform” rating in a research report on Friday, March 7th. Finally, CIBC reduced their price objective on Badger Infrastructure Solutions from C$59.00 to C$52.00 in a research report on Thursday.

Insider Activity

In other news, Director Mary Jordan acquired 800 shares of the company’s stock in a transaction dated Tuesday, March 11th. The shares were bought at an average price of C$39.32 per share, with a total value of C$31,456.00. Corporate insiders own 0.33% of the company’s stock.

Badger Infrastructure Solutions Stock Down 2.3 %

Shares of TSE:BDGI opened at C$36.48 on Monday. The company’s fifty day moving average is C$38.65 and its two-hundred day moving average is C$38.47. The company has a debt-to-equity ratio of 92.49, a quick ratio of 1.49 and a current ratio of 1.73. Badger Infrastructure Solutions has a 1-year low of C$33.62 and a 1-year high of C$48.12. The stock has a market capitalization of C$871.41 million, a price-to-earnings ratio of 21.12 and a beta of 1.14.

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.