Dexterra Group (TSE:DXT) Reaches New 52-Week High - Should You Buy?

Key Points

• Dexterra Group Inc. reached a new 52-week high, trading at C$10.26 during mid-day on Thursday, with a closing price of C$10.25.
• Analyst opinions are positive, with National Bankshares increasing the price target from C$14.00 to C$15.00 and a general consensus rating of "Moderate Buy".
• The company's market cap stands at C$641.10 million, with a P/E ratio of 18.41 and a price-to-earnings-growth ratio of 0.90.

Dexterra Group Inc. (TSE:DXT - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$10.26 and last traded at C$10.25, with a volume of 1570 shares traded. The stock had previously closed at C$10.10.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. National Bankshares upped their target price on Dexterra Group from C$14.00 to C$15.00 and gave the company an "outperform" rating in a research note on Monday, October 6th. Scotiabank set a C$11.50 price objective on shares of Dexterra Group and gave the company a "hold" rating in a research report on Tuesday, September 9th. Finally, ATB Capital increased their price objective on shares of Dexterra Group from C$10.75 to C$11.75 and gave the company an "outperform" rating in a report on Thursday, August 7th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of C$12.31.

Dexterra Group Stock Performance

The company has a 50 day moving average price of C$9.67 and a 200-day moving average price of C$9.04. The company has a market cap of C$641.10 million, a P/E ratio of 18.41, a price-to-earnings-growth ratio of 0.90 and a beta of 0.18. The company has a current ratio of 1.46, a quick ratio of 1.28 and a debt-to-equity ratio of 42.46.

Dexterra Group Company Profile

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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