Extendicare Inc. (TSE:EXE) Receives C$23.86 Consensus PT from Analysts

Extendicare Inc. (TSE:EXE) has earned a consensus recommendation of “Buy” from the eight ratings firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and three have assigned a strong buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is C$24.50.

EXE has been the subject of several analyst reports. BMO Capital Markets raised Extendicare from a “hold” rating to an “outperform” rating and lifted their price objective for the company from C$21.00 to C$24.00 in a report on Thursday, December 4th. National Bankshares raised their price target on Extendicare from C$24.50 to C$29.00 and gave the stock an “outperform” rating in a research report on Thursday. TD Securities boosted their price target on Extendicare from C$15.00 to C$19.00 in a research note on Thursday, November 13th. Natl Bk Canada raised shares of Extendicare to a “strong-buy” rating in a research report on Wednesday, December 3rd. Finally, Cormark increased their price objective on shares of Extendicare from C$25.00 to C$30.00 in a research note on Wednesday, December 3rd.

Extendicare Stock Performance

Shares of TSE:EXE opened at C$24.21 on Tuesday. The company’s 50 day moving average price is C$22.19 and its two-hundred day moving average price is C$17.39. Extendicare has a 12-month low of C$10.58 and a 12-month high of C$24.86. The firm has a market cap of C$2.29 billion, a PE ratio of 22.84 and a beta of 1.30. The company has a quick ratio of 0.98, a current ratio of 0.62 and a debt-to-equity ratio of 283.02.

Extendicare Company Profile

Extendicare Inc, operating solely in Canada, is the largest private-sector owner and operator of long-term care (LTC”) homes and one of the largest private-sector providers of publicly funded home health care services.