dentalcorp (TSE:DNTL) Given New C$12.75 Price Target at Desjardins

dentalcorp (TSE:DNTL) had its target price lifted by Desjardins from C$12.00 to C$12.75 in a report issued on Monday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

A number of other research analysts have also recently issued reports on DNTL. TD Securities set a C$12.00 target price on shares of dentalcorp and gave the company a “buy” rating in a research note on Thursday, December 12th. CIBC raised their price target on dentalcorp from C$11.50 to C$13.00 and gave the company an “outperform” rating in a report on Monday. National Bankshares set a C$15.00 price objective on dentalcorp and gave the stock a “buy” rating in a research note on Thursday, February 27th. Finally, Canaccord Genuity Group raised their target price on dentalcorp from C$12.25 to C$12.50 and gave the company a “buy” rating in a research note on Monday. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of C$11.80.

dentalcorp Stock Up 5.4 %

Shares of TSE DNTL opened at C$8.19 on Monday. dentalcorp has a 52-week low of C$6.01 and a 52-week high of C$10.50. The company has a debt-to-equity ratio of 78.72, a quick ratio of 1.04 and a current ratio of 1.19. The business has a fifty day moving average of C$7.72 and a two-hundred day moving average of C$8.39. The stock has a market cap of C$1.54 billion, a PE ratio of -19.04, a PEG ratio of -2.69 and a beta of 1.26.

Insider Activity

In other news, Director Robert Thomas Wolf acquired 10,000 shares of the stock in a transaction that occurred on Monday, December 30th. The stock was acquired at an average price of C$8.20 per share, for a total transaction of C$82,000.00. 0.16% of the stock is currently owned by company insiders.

About dentalcorp

Dentalcorp Holdings Ltd is engaged in acquiring dental practices and providing health care services in Canada. It recognizes revenue for the provision of dental services that are rendered to patients by Partner dentists and dental practitioners contracted by the Professional Corporations and health care services rendered by employees or contractors of the company.