Industrial Alliance Securities Boosts Badger Daylighting Ltd (TSE:BAD) Price Target to C$37.00

Badger Daylighting Ltd (TSE:BAD) had its target price hoisted by equities research analysts at Industrial Alliance Securities from C$36.00 to C$37.00 in a note issued to investors on Monday, October 16th. The firm presently has a “strong-buy” rating on the stock. Industrial Alliance Securities’ price target points to a potential upside of 26.67% from the company’s previous close.

Shares of Badger Daylighting (BAD) opened at 29.21 on Monday. Badger Daylighting has a 52 week low of $21.51 and a 52 week high of $36.22. The firm’s 50-day moving average price is $27.41 and its 200 day moving average price is $27.47. The company has a market capitalization of $1.08 billion and a PE ratio of 28.75.

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In related news, Director Glen Dawson Roane acquired 10,000 shares of the firm’s stock in a transaction on Thursday, September 21st. The stock was bought at an average cost of C$25.75 per share, with a total value of C$257,500.00.

About Badger Daylighting

Badger Daylighting Ltd. (Badger) is a provider of non-destructive excavating services. The Company works for contractors and facility owners in the utility and petroleum industries. The Company operates in three divisions: rents and sells various lines of trench shielding used to shore and strengthen trenches dug for a range of purposes; provides sewer inspection services and limited sewer flush services, and provides general vacuum truck and auxiliary services to the oil and gas industry, focusing primarily on production tank cleaning and removal of waste oil and sand.

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