dentalcorp Holdings Ltd. (TSE:DNTL) Receives Consensus Rating of “Buy” from Brokerages

dentalcorp Holdings Ltd. (TSE:DNTL) has received an average rating of “Buy” from the seven research firms that are currently covering the firm, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a buy rating. The average 12 month price objective among brokerages that have covered the stock in the last year is C$11.03.

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

Insider Transactions at dentalcorp

In other dentalcorp news, Director Robert Thomas Wolf purchased 10,000 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The stock was purchased at an average price of C$8.20 per share, for a total transaction of C$82,000.00. Corporate insiders own 0.16% of the company’s stock.

dentalcorp Trading Down 1.9 %

TSE:DNTL opened at C$7.72 on Tuesday. The company has a market capitalization of C$1.39 billion, a P/E ratio of -20.86, a PEG ratio of -2.69 and a beta of 1.26. The company has a current ratio of 1.11, a quick ratio of 1.04 and a debt-to-equity ratio of 78.72. dentalcorp has a 12 month low of C$5.92 and a 12 month high of C$10.50. The firm has a fifty day simple moving average of C$8.51 and a 200-day simple moving average of C$8.48.

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.