National Bankshares Forecasts Strong Price Appreciation for Dexterra Group (TSE:DXT) Stock

Dexterra Group (TSE:DXT) had its price target raised by National Bankshares from C$11.00 to C$11.50 in a report released on Wednesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ price target would indicate a potential upside of 48.58% from the stock’s previous close.

Separately, Raymond James raised their price objective on Dexterra Group from C$8.50 to C$11.00 and gave the company an “outperform” rating in a research note on Thursday, January 30th.

Dexterra Group Stock Performance

Shares of DXT stock opened at C$7.74 on Wednesday. The company has a market cap of C$492.57 million, a price-to-earnings ratio of 39.40, a price-to-earnings-growth ratio of 0.90 and a beta of 1.02. The stock has a 50 day simple moving average of C$7.92 and a 200-day simple moving average of C$7.10. Dexterra Group has a 12-month low of C$5.13 and a 12-month high of C$8.34. The company has a current ratio of 1.46, a quick ratio of 1.28 and a debt-to-equity ratio of 42.46.

Insider Buying and Selling at Dexterra Group

In other Dexterra Group news, Director Mary Garden acquired 3,700 shares of the firm’s stock in a transaction dated Tuesday, January 7th. The shares were acquired at an average price of C$7.83 per share, for a total transaction of C$28,971.00. 51.55% of the stock is owned by insiders.

About Dexterra Group

Dexterra Group Inc engages in the provision of support services for the creation, management, and operation of infrastructure in Canada. It operates through three segments: Integrated Facilities Management (IFM); Modular Solutions; and Workforce Accommodations, Forestry and Energy Services (WAFES). The IFM segment delivers operation and maintenance solutions for built assets and infrastructure in the public and private sectors, including aviation, defense, education, rail, healthcare, and leisure.