Dexterra Group Inc. (TSE:DXT) Given Average Recommendation of “Buy” by Analysts

Dexterra Group Inc. (TSE:DXT) has been given a consensus rating of “Buy” by the seven analysts that are currently covering the company, reports. One investment analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$7.88.

DXT has been the subject of several analyst reports. ATB Capital boosted their price target on Dexterra Group from C$8.25 to C$8.50 in a report on Thursday, May 13th. Scotiabank boosted their price target on Dexterra Group from C$8.50 to C$9.00 in a report on Wednesday, July 14th. Finally, Raymond James upgraded Dexterra Group from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from C$6.50 to C$8.50 in a report on Thursday, May 13th.

DXT traded down C$0.12 during trading on Thursday, hitting C$6.53. The company’s stock had a trading volume of 9,338 shares, compared to its average volume of 44,823. The business has a 50 day simple moving average of C$6.56. The company has a debt-to-equity ratio of 36.05, a quick ratio of 1.45 and a current ratio of 1.67. The stock has a market cap of C$424.90 million and a PE ratio of 5.90. Dexterra Group has a twelve month low of C$3.32 and a twelve month high of C$7.00.

The business also recently declared a quarterly dividend, which was paid on Thursday, July 15th. Investors of record on Wednesday, June 30th were issued a $0.075 dividend. The ex-dividend date of this dividend was Tuesday, June 29th. This represents a $0.30 annualized dividend and a yield of 4.59%. Dexterra Group’s dividend payout ratio is currently 19.96%.

Dexterra Group Company Profile

Dexterra Group Inc provides a range of products and services to end markets in Canada. It operates through three segments: Modular Solutions, Facilities Management, and Workforce Accommodations, Forestry and Energy Services. The Modular Solutions segment integrates design concepts with off-site manufacturing processes to produce building solutions for social and affordable housing, commercial, residential, and industrial clients.

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Analyst Recommendations for Dexterra Group (TSE:DXT)

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