Dye & Durham (TSE:DND) Price Target Lowered to C$20.00 at Scotiabank

Dye & Durham (TSE:DND) had its price objective decreased by Scotiabank from C$25.00 to C$20.00 in a research report released on Friday morning,BayStreet.CA reports.

Other equities research analysts have also recently issued reports about the stock. Canaccord Genuity Group raised their target price on shares of Dye & Durham from C$27.00 to C$30.00 in a research report on Friday, November 29th. BMO Capital Markets boosted their price objective on shares of Dye & Durham from C$18.00 to C$23.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. Canaccord Genuity Group cut their target price on Dye & Durham from C$30.00 to C$27.50 and set a “buy” rating on the stock in a research report on Wednesday, December 18th. Finally, CIBC lowered their price target on Dye & Durham from C$30.00 to C$25.00 in a research report on Friday. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, Dye & Durham has a consensus rating of “Buy” and a consensus target price of C$22.50.

Dye & Durham Stock Performance

TSE DND opened at C$13.27 on Friday. The company has a current ratio of 0.32, a quick ratio of 1.98 and a debt-to-equity ratio of 385.35. The company has a market capitalization of C$924.09 million, a PE ratio of -5.42 and a beta of 2.09. The business’s 50-day moving average price is C$16.75 and its 200 day moving average price is C$16.18. Dye & Durham has a twelve month low of C$10.92 and a twelve month high of C$22.59.

Insider Buying and Selling at Dye & Durham

In other Dye & Durham news, insider Plantro Ltd. sold 1,000,000 shares of the stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of C$19.15, for a total value of C$19,150,000.00. Also, Director Eric Shahinian acquired 12,300 shares of the company’s stock in a transaction dated Tuesday, December 31st. The shares were purchased at an average price of C$17.35 per share, for a total transaction of C$213,433.29. 25.60% of the stock is currently owned by corporate insiders.

Dye & Durham Company Profile

Dye & Durham Ltd is engaged in providing cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. The company has business operations in Canada and the United Kingdom. The customers include law firms, financial service institutions, and government organizations.