Badger Infrastructure Solutions (TSE:BDGI) Given a C$82.00 Price Target by National Bankshares Analysts

by · The Markets Daily

Badger Infrastructure Solutions (TSE:BDGI – Get Free Report) received a C$82.00 target price from stock analysts at National Bankshares in a research report issued on Friday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bankshares’ price target indicates a potential upside of 3.34% from the company’s previous close.

Other equities analysts also recently issued reports about the company. Stifel Nicolaus upped their price target on Badger Infrastructure Solutions from C$86.00 to C$88.00 in a research report on Monday, November 10th. BMO Capital Markets boosted their target price on Badger Infrastructure Solutions from C$82.00 to C$85.00 in a research note on Friday, January 16th. CIBC increased their price target on Badger Infrastructure Solutions from C$71.00 to C$82.00 in a research note on Friday, November 7th. Raymond James Financial lowered Badger Infrastructure Solutions from an “outperform” rating to a “market perform” rating and boosted their price target for the stock from C$60.00 to C$72.00 in a research note on Wednesday, October 22nd. Finally, TD Securities increased their price objective on shares of Badger Infrastructure Solutions from C$70.00 to C$83.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$80.43.

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Badger Infrastructure Solutions Stock Down 2.2%

BDGI traded down C$1.81 on Friday, hitting C$79.35. The company had a trading volume of 89,938 shares, compared to its average volume of 107,609. The stock has a market capitalization of C$2.68 billion, a price-to-earnings ratio of 43.60 and a beta of 1.01. The company has a debt-to-equity ratio of 92.49, a quick ratio of 1.49 and a current ratio of 1.73. The stock has a fifty day moving average price of C$75.05 and a 200-day moving average price of C$65.32. Badger Infrastructure Solutions has a 12-month low of C$33.62 and a 12-month high of C$82.57.

Badger Infrastructure Solutions (TSE:BDGI – Get Free Report) last released its quarterly earnings results on Wednesday, November 5th. The company reported C$0.91 earnings per share for the quarter. The business had revenue of C$330.48 million for the quarter. Badger Infrastructure Solutions had a net margin of 5.71% and a return on equity of 16.64%. Analysts predict that Badger Infrastructure Solutions will post 3.3008403 EPS for the current fiscal year.

Badger Infrastructure Solutions Company Profile

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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. The company manufactures and designs its truck-mounted hydrovac units, giving an opportunity to incorporate feedback from its hydrovac operators into its existing and future design and manufacturing processes.

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