dentalcorp Holdings Ltd. (TSE:DNTL) Receives C$12.59 Average Price Target from Analysts

Shares of dentalcorp Holdings Ltd. (TSE:DNTL - Get Free Report) have earned a consensus rating of "Buy" from the six ratings firms that are currently covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a buy rating. The average 12-month target price among brokerages that have covered the stock in the last year is C$12.59.

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

dentalcorp Stock Performance

Shares of DNTL stock traded up C$0.03 during trading on Monday, reaching C$8.80. 7,348 shares of the company's stock were exchanged, compared to its average volume of 176,246. dentalcorp has a twelve month low of C$6.50 and a twelve month high of C$10.50. The firm's fifty day moving average price is C$8.28 and its 200-day moving average price is C$8.24. 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$1.65 billion, a PE ratio of -20.46, a PEG ratio of -2.69 and a beta of 1.26.

dentalcorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 22nd. Investors of record on Tuesday, April 22nd were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date of this dividend was Friday, April 4th.

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.