Dexterra Group (TSE:DXT) Price Target Raised to C$15.00 at National Bankshares

Key Points

• National Bankshares has raised Dexterra Group's price target from C$14.00 to C$15.00, indicating a potential upside of 47.35% from its current price.
• The stock is currently rated as an "outperform" by National Bankshares, with three analysts giving it a "Buy" rating and one a "Hold" rating.
• Dexttera Group shares rose 9.7% during trading, reaching C$10.18, up from a 1-year low of C$6.04.

Dexterra Group (TSE:DXT - Get Free Report) had its price objective boosted by equities research analysts at National Bankshares from C$14.00 to C$15.00 in a research note issued to investors on Monday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. National Bankshares' price objective would suggest a potential upside of 47.35% from the company's current price.

DXT has been the topic of several other reports. ATB Capital raised their price objective on Dexterra Group from C$10.75 to C$11.75 and gave the company an "outperform" rating in a research note on Thursday, August 7th. Scotiabank set a C$11.50 price objective on Dexterra Group and gave the company a "hold" rating in a research note on Tuesday, September 9th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Dexterra Group presently has an average rating of "Moderate Buy" and an average price target of C$12.31.

Dexterra Group Stock Up 9.7%

Shares of TSE DXT traded up C$0.90 during trading hours on Monday, hitting C$10.18. The company had a trading volume of 78,722 shares, compared to its average volume of 41,181. Dexterra Group has a 1-year low of C$6.04 and a 1-year high of C$10.23. The company has a quick ratio of 1.28, a current ratio of 1.46 and a debt-to-equity ratio of 42.46. The stock has a market capitalization of C$633.01 million, a P/E ratio of 18.18, a price-to-earnings-growth ratio of 0.90 and a beta of 0.18. The firm's 50 day moving average is C$9.61 and its 200-day moving average is C$8.94.

About Dexterra Group

Dexterra Group is a publicly listed corporation delivering a range of support services for the creation, management, and operation of infrastructure across Canada. Powered by people, we bring best-in-class regional expertise to every challenge and deliver innovative solutions, giving clients confidence in their day-to-day operations.

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