National Bankshares Issues Positive Forecast for Dexterra Group (TSE:DXT) Stock Price

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 - Get Free Report) had its target price boosted by investment analysts at National Bankshares from C$12.50 to C$13.00 in a note issued to investors on Friday,BayStreet.CA reports. The brokerage currently has an "outperform" rating on the stock. National Bankshares' price target points to a potential upside of 35.56% from the company's previous close.

Dexterra Group Trading Up 0.4%

Shares of Dexterra Group stock traded up C$0.04 during trading on Friday, hitting C$9.59. The stock had a trading volume of 32,406 shares, compared to its average volume of 39,418. The stock has a market cap of C$610.30 million, a PE ratio of 48.82, a PEG ratio of 0.90 and a beta of 1.02. Dexterra Group has a 12 month low of C$5.70 and a 12 month high of C$9.94. The firm's fifty day simple moving average is C$9.14 and its 200-day simple moving average is C$8.36. The company has a debt-to-equity ratio of 42.46, a current ratio of 1.46 and a quick ratio of 1.28.

Insider Activity at Dexterra Group

In other news, Senior Officer Jeffrey Litchfield sold 18,692 shares of the stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of C$8.59, for a total value of C$160,564.28. Corporate insiders own 51.55% of the company's stock.

Dexterra Group Company Profile

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.

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