Desjardins Increases dentalcorp (TSE:DNTL) Price Target to C$12.75

dentalcorp (TSE:DNTL) had its price target boosted by analysts at Desjardins from C$12.00 to C$12.75 in a research report issued on Monday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Desjardins’ price target would indicate a potential upside of 56.83% from the company’s current price.

A number of other equities research analysts also recently commented on DNTL. CIBC lifted their target price on shares of dentalcorp from C$11.50 to C$13.00 and gave the stock an “outperform” rating in a research report on Monday. National Bankshares set a C$15.00 price objective on shares of dentalcorp and gave the stock a “buy” rating in a research note on Thursday, February 27th. Canaccord Genuity Group boosted their price objective on shares of dentalcorp from C$12.25 to C$12.50 and gave the company a “buy” rating in a research report on Monday. Finally, TD Securities set a C$12.00 target price on shares of dentalcorp and gave the stock a “buy” rating in a report on Thursday, December 12th. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of C$11.80.

dentalcorp Stock Up 4.6 %

dentalcorp stock traded up C$0.36 during trading hours on Monday, hitting C$8.13. The stock had a trading volume of 258,100 shares, compared to its average volume of 188,550. The stock’s 50-day moving average price is C$7.71 and its 200-day moving average price is C$8.39. dentalcorp has a 12-month low of C$6.01 and a 12-month high of C$10.50. The company has a quick ratio of 1.04, a current ratio of 1.19 and a debt-to-equity ratio of 78.72. The stock has a market capitalization of C$1.53 billion, a P/E ratio of -18.90, a price-to-earnings-growth ratio of -2.69 and a beta of 1.26.

Insider Transactions at dentalcorp

In related news, Director Robert Thomas Wolf purchased 10,000 shares of the business’s stock in a transaction dated Monday, December 30th. The shares were purchased at an average cost of C$8.20 per share, for a total transaction of C$82,000.00. Company insiders own 0.16% of the company’s stock.

dentalcorp Company Profile

Dentalcorp Holdings Ltd is engaged in acquiring dental practices and providing health care services in Canada. It recognizes revenue for the provision of dental services that are rendered to patients by Partner dentists and dental practitioners contracted by the Professional Corporations and health care services rendered by employees or contractors of the company.