Dexterra Group (TSE:DXT) Sets New 12-Month High After Analyst Upgrade

by · The Markets Daily

Dexterra Group Inc. (TSE:DXT – Get Free Report)’s share price reached a new 52-week high during trading on Thursday after Raymond James Financial raised their price target on the stock from C$18.50 to C$20.00. Raymond James Financial currently has an outperform rating on the stock. Dexterra Group traded as high as C$16.10 and last traded at C$16.10, with a volume of 38970 shares. The stock had previously closed at C$15.24.

A number of other equities analysts also recently commented on DXT. Scotia upped their price objective on shares of Dexterra Group from C$14.00 to C$14.50 and gave the stock a “sector perform” rating in a research report on Wednesday, August 5th. National Bank Financial lifted their target price on shares of Dexterra Group from C$16.50 to C$20.50 and gave the company an “outperform” rating in a report on Tuesday, July 21st. ATB Cormark Capital Markets boosted their price target on shares of Dexterra Group from C$14.25 to C$19.50 and gave the stock an “outperform” rating in a research note on Wednesday, June 24th. Finally, Canaccord Genuity Group increased their price target on shares of Dexterra Group from C$18.00 to C$21.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of C$19.10.

View Our Latest Stock Report on DXT

Dexterra Group Stock Up 7.2%

The company has a market cap of C$1.02 billion, a PE ratio of 23.67, a P/E/G ratio of 0.90 and a beta of 0.26. The firm has a 50-day simple moving average of C$14.50 and a two-hundred day simple moving average of C$13.36. The company has a debt-to-equity ratio of 76.31, a current ratio of 1.32 and a quick ratio of 1.28.

Dexterra Group (TSE:DXT – Get Free Report) last announced its earnings results 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 during the quarter. Dexterra Group had a net margin of 4.01% and a return on equity of 15.18%. Research analysts anticipate that Dexterra Group Inc. will post 0.7094298 earnings per share for the current fiscal year.

Dexterra Group Company Profile

(Get Free Report)

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.

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