Dexterra Group (TSE:DXT) Reaches New 1-Year High After Analyst Upgrade

Dexterra Group Inc. (TSE:DXT – Get Free Report)’s stock price reached a new 52-week high during mid-day 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 issued reports on the company. ATB Cormark Capital Markets upped their price target on Dexterra Group from C$14.25 to C$19.50 and gave the company an “outperform” rating in a report on Wednesday, June 24th. Canaccord Genuity Group raised their price objective 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. National Bank Financial boosted their price objective on shares of Dexterra Group from C$16.50 to C$20.50 and gave the stock an “outperform” rating in a research report on Tuesday, July 21st. Finally, Scotia increased their target price on shares of Dexterra Group from C$14.00 to C$14.50 and gave the company a “sector perform” rating in a research report on Wednesday, August 5th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$19.10.

Read Our Latest Report on Dexterra Group

Dexterra Group Trading Up 7.2%

The business’s 50 day simple moving average is C$14.50 and its 200 day simple moving average is 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. The company has a market capitalization of C$1.02 billion, a price-to-earnings ratio of 23.67, a price-to-earnings-growth ratio of 0.90 and a beta of 0.26.

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. Dexterra Group had a net margin of 4.01% and a return on equity of 15.18%. The business had revenue of C$269.21 million during the quarter. Research analysts anticipate that Dexterra Group Inc. will post 0.7094298 EPS for the current 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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