National Bankshares Increases Dexterra Group (TSE:DXT) Price Target to C$13.00

Key Points

• National Bankshares raised its target price for Dexterra Group stock from C$12.50 to C$13.00, indicating a potential upside of 35.56% from the previous close.
• On the trading day, Dexterra Group shares increased by 0.4%, reaching a price of C$9.59 with a market cap of C$610.30 million.
• Insider Jeffrey Litchfield sold 18,692 shares at an average price of C$8.59, totaling approximately C$160,564.28, while corporate insiders hold 51.55% of the company’s stock.

Dexterra Group (TSE:DXT - Free Report) had its price objective lifted by National Bankshares from C$12.50 to C$13.00 in a research report released on Friday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Dexterra Group Price Performance

TSE DXT traded down C$0.18 during trading hours on Friday, hitting C$9.37. 14,789 shares of the company's stock traded hands, compared to its average volume of 39,416. Dexterra Group has a 52-week low of C$5.70 and a 52-week high of C$9.94. The company has a market capitalization of C$596.30 million, a PE ratio of 47.70, a PEG ratio of 0.90 and a beta of 1.02. The company has a debt-to-equity ratio of 42.46, a current ratio of 1.46 and a quick ratio of 1.28. The firm's 50-day moving average is C$9.18 and its 200-day moving average is C$8.40.

Insider Buying and Selling at Dexterra Group

In related news, Senior Officer Jeffrey Litchfield sold 18,692 shares of the firm's stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of C$8.59, for a total value of C$160,564.28. 51.55% of the stock is currently owned by insiders.

About Dexterra Group

Dexterra Group Inc engages in the provision of support services for the creation, management, and operation of infrastructure in Canada. It operates through three segments: Integrated Facilities Management (IFM); Modular Solutions; and Workforce Accommodations, Forestry and Energy Services (WAFES). The IFM segment delivers operation and maintenance solutions for built assets and infrastructure in the public and private sectors, including aviation, defense, education, rail, healthcare, and leisure.