dentalcorp (TSE:DNTL) Sets New 1-Year High After Analyst Upgrade

dentalcorp Holdings Ltd. (TSE:DNTL) shares hit a new 52-week high on Monday after BMO Capital Markets raised their price target on the stock from C$10.00 to C$11.00. The stock traded as high as C$8.50 and last traded at C$8.34, with a volume of 40778 shares. The stock had previously closed at C$8.29.

DNTL has been the subject of several other research reports. Desjardins upped their price target on dentalcorp from C$10.50 to C$11.00 and gave the stock a “buy” rating in a research note on Monday, July 29th. CIBC lifted their target price on shares of dentalcorp from C$10.00 to C$11.50 in a report on Friday. Finally, Canaccord Genuity Group cut their price target on shares of dentalcorp from C$10.50 to C$10.25 and set a “buy” rating for the company in a report on Monday, May 13th. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$10.36.

dentalcorp Price Performance

The firm has a market capitalization of C$1.51 billion, a PE ratio of -22.41, a P/E/G ratio of -2.69 and a beta of 1.24. The company has a 50-day moving average price of C$7.99 and a 200-day moving average price of C$7.10. The company has a debt-to-equity ratio of 78.58, a current ratio of 1.12 and a quick ratio of 1.04.

dentalcorp Company Profile

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.