Dexterra Group (TSE:DXT) Price Target Raised to C$14.50

Dexterra Group (TSE:DXT) had its price objective upped by Scotia from C$14.00 to C$14.50 in a report published on Wednesday,BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.

DXT has been the subject of a number of other reports. National Bank Financial increased their price target on Dexterra Group from C$16.50 to C$20.50 and gave the company an “outperform” rating in a research report on Tuesday, July 21st. Canaccord Genuity Group upped their target price on shares of Dexterra Group from C$18.00 to C$21.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Finally, ATB Cormark Capital Markets increased their target price on shares of Dexterra Group from C$14.25 to C$19.50 and gave the company an “outperform” rating in a report on Wednesday, June 24th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$17.40.

Dexterra Group Trading Down 4.1%

TSE DXT opened at C$14.12 on Wednesday. The company has a quick ratio of 1.28, a current ratio of 1.32 and a debt-to-equity ratio of 76.31. Dexterra Group has a 52 week low of C$8.93 and a 52 week high of C$16.08. The business has a 50 day moving average price of C$14.19 and a 200-day moving average price of C$13.14. The company has a market cap of C$881.31 million, a price-to-earnings ratio of 19.34, a P/E/G ratio of 0.90 and a beta of 0.41.

Dexterra Group (TSE:DXT) last released its quarterly earnings data on Tuesday, August 4th. The company reported C$0.20 earnings per share for the quarter. The firm had revenue of C$269.21 million for the quarter. Dexterra Group had a net margin of 4.01% and a return on equity of 15.18%. As a group, equities analysts expect that Dexterra Group will post 0.7094298 earnings per share for the current fiscal 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.