Robert George Blackadar Acquires 2,000 Shares of Badger Infrastructure Solutions Ltd. (TSE:BDGI) Stock

Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Robert George Blackadar purchased 2,000 shares of the stock in a transaction dated Monday, March 25th. The shares were purchased at an average price of C$37.05 per share, with a total value of C$74,100.00.

Badger Infrastructure Solutions Trading Up 0.4 %

Shares of BDGI stock opened at C$51.25 on Thursday. The stock has a market cap of C$1.77 billion, a price-to-earnings ratio of 31.06 and a beta of 1.17. The company has a quick ratio of 1.49, a current ratio of 1.44 and a debt-to-equity ratio of 86.09. Badger Infrastructure Solutions Ltd. has a fifty-two week low of C$24.55 and a fifty-two week high of C$51.50. The firm’s 50 day moving average price is C$46.47 and its two-hundred day moving average price is C$41.02.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on BDGI shares. Raymond James lifted their price target on shares of Badger Infrastructure Solutions from C$52.00 to C$57.00 and gave the stock an “outperform” rating in a report on Thursday, March 21st. Acumen Capital lifted their price target on shares of Badger Infrastructure Solutions from C$47.50 to C$53.00 and gave the stock a “speculative buy” rating in a report on Thursday, March 21st. Canaccord Genuity Group lifted their price target on shares of Badger Infrastructure Solutions from C$52.00 to C$60.00 and gave the stock a “buy” rating in a report on Monday, March 4th. CIBC lifted their price target on shares of Badger Infrastructure Solutions from C$50.00 to C$52.00 and gave the stock a “neutral” rating in a report on Thursday, March 21st. Finally, Scotiabank lifted their price target on shares of Badger Infrastructure Solutions from C$48.00 to C$52.00 and gave the stock a “sector perform” rating in a report on Friday, March 22nd. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of C$53.11.

Badger Infrastructure Solutions Company Profile

Badger Infrastructure Solutions Ltd. provides non-destructive excavating and related services in Canada and the United States. Its Badger Hydrovac technology uses a pressurized water stream to liquefy the soil cover, which is then removed with a vacuum system and deposited into a storage tank. The company offers daylighting services for visual confirmation of buried lines, directional drilling test holes, sacrificial anode installation, pipeline and utility crossings, and subsurface utility engineering test holes applications; and debris removal services for frac tank clean-outs, road and box culvert clean-outs, pipe-rammed casing clean-outs, ballast and filter media removal, and inside structures and buildings material removal.