dentalcorp (TSE:DNTL) Given New C$13.00 Price Target at TD Securities

dentalcorp (TSE:DNTL) had its price target hoisted by TD Securities from C$12.00 to C$13.00 in a research note issued to investors on Thursday,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

Other equities analysts have also recently issued reports about the company. National Bankshares set a C$15.00 price target on dentalcorp and gave the company a “buy” rating in a research report on Thursday, February 27th. Desjardins lifted their price objective on dentalcorp from C$12.00 to C$12.75 and gave the company a “buy” rating in a research report on Monday, March 24th. Canaccord Genuity Group boosted their price target on dentalcorp from C$12.25 to C$12.50 and gave the stock a “buy” rating in a research report on Monday, March 24th. Finally, CIBC boosted their price objective on dentalcorp from C$11.50 to C$13.00 and gave the stock an “outperform” rating in a research report on Monday, March 24th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat, dentalcorp has an average rating of “Buy” and an average price target of C$12.59.

dentalcorp Trading Up 2.1%

Shares of TSE DNTL opened at C$8.71 on Thursday. The company has a market cap of C$1.64 billion, a price-to-earnings ratio of -20.25, a price-to-earnings-growth ratio of -2.69 and a beta of 1.26. dentalcorp has a 12-month low of C$6.28 and a 12-month high of C$10.50. The company has a current ratio of 1.19, a quick ratio of 1.04 and a debt-to-equity ratio of 78.72. The stock’s 50 day simple moving average is C$8.17 and its 200 day simple moving average is C$8.28.

dentalcorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 22nd were paid a $0.03 dividend. The ex-dividend date of this dividend was Friday, April 4th. This represents a $0.12 annualized dividend and a dividend yield of 1.38%.

About dentalcorp

Dentalcorp Holdings Ltd is engaged in acquiring dental practices and providing health care services in Canada. It recognizes revenue for the provision of dental services that are rendered to patients by Partner dentists and dental practitioners contracted by the Professional Corporations and health care services rendered by employees or contractors of the company.