Dexterra Group (TSE:DXT) Downgraded by TD Securities

Dexterra Group (TSE:DXT) was downgraded by stock analysts at TD Securities from a “buy” rating to a “hold” rating in a research report issued on Friday, BayStreet.CA reports. They presently have a C$6.00 target price on the stock, down from their previous target price of C$7.50. TD Securities’ price objective would suggest a potential upside of 1.35% from the stock’s current price.

Several other equities research analysts have also recently commented on the stock. National Bankshares lifted their price target on shares of Dexterra Group from C$9.00 to C$9.50 and gave the stock an “outperform” rating in a research report on Thursday, November 9th. ATB Capital lifted their price target on shares of Dexterra Group from C$8.50 to C$9.00 and gave the stock an “outperform” rating in a research report on Thursday, November 9th. Finally, Scotiabank lifted their price target on shares of Dexterra Group from C$6.50 to C$7.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 9th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Dexterra Group has a consensus rating of “Hold” and an average price target of C$7.70.

Dexterra Group Trading Down 5.1 %

Shares of TSE:DXT traded down C$0.32 during trading on Friday, hitting C$5.92. 236,958 shares of the company’s stock were exchanged, compared to its average volume of 24,147. Dexterra Group has a 1-year low of C$4.75 and a 1-year high of C$6.35. The firm has a 50-day moving average price of C$5.88 and a two-hundred day moving average price of C$5.75. The company has a current ratio of 1.55, a quick ratio of 1.28 and a debt-to-equity ratio of 55.19. The firm has a market cap of C$382.67 million, a P/E ratio of 16.47, a PEG ratio of 0.90 and a beta of 1.07.

Dexterra Group Company Profile

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