dentalcorp Holdings Ltd. (TSE:DNTL) Receives C$11.03 Average PT from Brokerages

Shares of dentalcorp Holdings Ltd. (TSE:DNTL) have been assigned an average rating of “Buy” from the seven ratings firms that are covering the stock, Marketbeat reports. Seven equities research analysts have rated the stock with a buy recommendation. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is C$11.03.

DNTL has been the topic of a number of research analyst reports. Stifel Nicolaus boosted their price target on dentalcorp from C$11.50 to C$12.50 in a research note on Wednesday, November 13th. TD Securities set a C$12.00 price objective on dentalcorp and gave the company a “buy” rating in a report on Thursday, December 12th. Jefferies Financial Group increased their target price on shares of dentalcorp from C$10.00 to C$11.00 and gave the stock a “buy” rating in a research note on Wednesday, October 16th. Finally, Desjardins set a C$12.00 price objective on shares of dentalcorp and gave the stock a “buy” rating in a research report on Thursday, December 12th.

Insider Activity at dentalcorp

In other news, Director Robert Thomas Wolf purchased 10,000 shares of the firm’s stock in a transaction on Monday, December 30th. The stock was purchased at an average cost of C$8.20 per share, with a total value of C$82,000.00. 0.16% of the stock is currently owned by corporate insiders.

dentalcorp Stock Up 1.7 %

Shares of DNTL opened at C$8.43 on Friday. dentalcorp has a 1 year low of C$5.92 and a 1 year high of C$10.50. The company has a debt-to-equity ratio of 78.72, a current ratio of 1.11 and a quick ratio of 1.04. The business’s 50 day simple moving average is C$9.05 and its 200-day simple moving average is C$8.49. The stock has a market capitalization of C$1.52 billion, a price-to-earnings ratio of -22.78, a price-to-earnings-growth ratio of -2.69 and a beta of 1.26.

About dentalcorp

dentalcorp Holdings Ltd., through its subsidiaries, engages in the acquiring and partnering with dental practices to provide health care services in Canada. The company was formerly known as Dentalcorp Overbite Ltd. dentalcorp Holdings Ltd. was founded in 2011 and is headquartered in Toronto, Canada.