Dye & Durham (TSE:DND) Given New C$15.00 Price Target at Cormark

Key Points

• Cormark has lowered its price target for Dye & Durham from C$17.00 to C$15.00, indicating a potential upside of 73.41% from the current price.
• Multiple analysts have revised their price objectives for Dye & Durham, with ratings ranging from "buy" to "outperform" and an average target price of C$17.50.
• Dye & Durham's stock experienced a 0.7% decline during recent trading, with the share price reaching C$8.65.

Dye & Durham (TSE:DND - Free Report) had its price objective trimmed by Cormark from C$17.00 to C$15.00 in a research report released on Thursday morning,BayStreet.CA reports. Cormark also issued estimates for Dye & Durham's Q4 2025 earnings at ($0.18) EPS and FY2027 earnings at ($0.52) EPS.

Several other research analysts have also commented on DND. CIBC cut their price objective on Dye & Durham from C$17.00 to C$16.00 in a research report on Monday, July 21st. Canaccord Genuity Group decreased their price target on Dye & Durham from C$16.00 to C$14.50 and set a "buy" rating for the company in a report on Wednesday, July 9th. Raymond James Financial reduced their target price on shares of Dye & Durham from C$17.00 to C$15.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 16th. BMO Capital Markets lowered their target price on Dye & Durham from C$20.00 to C$16.00 and set an "outperform" rating for the company in a research note on Thursday, May 22nd. Finally, Scotiabank boosted their price target on Dye & Durham from C$14.00 to C$16.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of C$17.50.

Dye & Durham Trading Up 3.0%

Shares of Dye & Durham stock traded up C$0.26 during trading hours on Thursday, reaching C$8.90. 275,120 shares of the company's stock were exchanged, compared to its average volume of 229,344. Dye & Durham has a 52-week low of C$7.85 and a 52-week high of C$22.59. The company has a fifty day moving average of C$10.21 and a 200-day moving average of C$10.04. The company has a current ratio of 0.32, a quick ratio of 1.98 and a debt-to-equity ratio of 385.35. The firm has a market capitalization of C$598.08 million, a price-to-earnings ratio of -3.65 and a beta of 2.25.

Insider Buying and Selling at Dye & Durham

In other Dye & Durham news, Senior Officer Avjit Kamboj acquired 10,681 shares of the firm's stock in a transaction on Monday, June 23rd. The stock was purchased at an average price of C$9.36 per share, with a total value of C$99,974.16. Company insiders own 25.60% of the company's stock.

About Dye & Durham

Dye & Durham Ltd is engaged in providing cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. The company has business operations in Canada and the United Kingdom. The customers include law firms, financial service institutions, and government organizations.