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

dentalcorp Holdings Ltd. (TSE:DNTL - Get Free Report) has received a consensus recommendation of "Buy" from the six analysts that are covering the firm, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a buy recommendation. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is C$12.59.

Several research firms have recently issued reports on DNTL. Desjardins upped their target price on dentalcorp from C$12.00 to C$12.75 and gave the company a "buy" rating in a report on Monday, March 24th. 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 report on Thursday, May 22nd. CIBC upped their target price on dentalcorp from C$11.50 to C$13.00 and gave the company an "outperform" rating in a report on Monday, March 24th. Finally, Canaccord Genuity Group upped their target price on dentalcorp from C$12.25 to C$12.50 and gave the company a "buy" rating in a report on Monday, March 24th.

dentalcorp Stock Down 2.2%

DNTL traded down C$0.18 during midday trading on Tuesday, reaching C$8.07. 120,313 shares of the company were exchanged, compared to its average volume of 163,482. The company has a debt-to-equity ratio of 78.72, a quick ratio of 1.04 and a current ratio of 1.19. The company's fifty day moving average price is C$8.50 and its 200 day moving average price is C$8.11. The company has a market cap of C$1.52 billion, a price-to-earnings ratio of -18.76, a price-to-earnings-growth ratio of -2.69 and a beta of 1.26. dentalcorp has a one year low of C$7.10 and a one year high of C$10.50.

dentalcorp Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 22nd. Shareholders of record on Thursday, July 3rd will be paid a $0.025 dividend. The ex-dividend date of this dividend is Thursday, July 3rd. This represents a $0.10 dividend on an annualized basis and a yield of 1.24%.

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.