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

dentalcorp Holdings Ltd. (TSE:DNTL - Get Free Report) has been given a consensus recommendation of "Buy" by the six analysts that are presently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is C$12.59.

Several research firms have issued reports on DNTL. Desjardins increased their price objective on dentalcorp from C$12.00 to C$12.75 and gave the stock a "buy" rating in a research note on Monday, March 24th. CIBC increased their price objective on dentalcorp from C$11.50 to C$13.00 and gave the stock an "outperform" rating in a research note on Monday, March 24th. Canaccord Genuity Group increased their price objective on dentalcorp from C$12.25 to C$12.50 and gave the stock a "buy" rating in a research note on Monday, March 24th. National Bankshares set a C$15.00 price objective on dentalcorp and gave the stock a "buy" rating in a research note on Thursday, February 27th. Finally, TD Securities raised their target price on dentalcorp from C$12.00 to C$13.00 and gave the company a "buy" rating in a research note on Thursday, May 22nd.

dentalcorp Price Performance

dentalcorp stock remained flat at C$8.90 during mid-day trading on Monday. The company's stock had a trading volume of 106,247 shares, compared to its average volume of 178,584. The company has a debt-to-equity ratio of 78.72, a current ratio of 1.19 and a quick ratio of 1.04. The business has a fifty day moving average of C$8.25 and a two-hundred day moving average of C$8.24. dentalcorp has a 1 year low of C$6.50 and a 1 year high of C$10.50. The company has a market capitalization of C$1.67 billion, a P/E ratio of -20.69, a PEG ratio of -2.69 and a beta of 1.26.

dentalcorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 22nd. Investors of record on Tuesday, April 22nd were issued a $0.03 dividend. The ex-dividend date was Friday, April 4th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.35%.

About dentalcorp

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.