Analysts Set dentalcorp Holdings Ltd. (TSE:DNTL) Target Price at C$12.59

Shares of dentalcorp Holdings Ltd. (TSE:DNTL - Get Free Report) have been assigned an average rating of "Buy" from the six analysts that are presently covering the stock, Marketbeat Ratings reports. Six research analysts have rated the stock with a buy recommendation. The average 12 month price objective among brokers that have covered the stock in the last year is C$12.59.

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

dentalcorp Stock Down 0.3%

Shares of TSE:DNTL traded down C$0.03 on Monday, reaching C$8.87. The company had a trading volume of 43,721 shares, compared to its average volume of 177,230. dentalcorp has a 52-week low of C$6.50 and a 52-week high of C$10.50. The firm's 50 day simple moving average is C$8.27 and its 200-day simple moving average is C$8.24. The firm has a market capitalization of C$1.67 billion, a PE ratio of -20.62, a PEG ratio of -2.69 and a beta of 1.26. The company has a current ratio of 1.19, a quick ratio of 1.04 and a debt-to-equity ratio of 78.72.

dentalcorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Investors of record on Tuesday, April 22nd were paid a dividend of $0.03 per share. The ex-dividend date was Friday, April 4th. This represents a $0.12 annualized dividend and a 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.