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TD Securities Issues Pessimistic Forecast for dentalcorp (TSE:DNTL) Stock Price

dentalcorp logo with Medical background

Key Points

  • TD Securities has lowered its target price for dentalcorp (TSE:DNTL) from C$13.00 to C$11.00, indicating a "sell" rating for the stock.
  • The stock traded down to C$10.87 on the day of the report, with a market capitalization of C$2.16 billion and a notable debt-to-equity ratio of 78.72.
  • dentalcorp operates by acquiring dental practices and providing healthcare services, with its stock showing a potential upside of just 1.20% from its current price.
  • Interested in dentalcorp? Here are five stocks we like better.

dentalcorp (TSE:DNTL - Get Free Report) had its target price reduced by equities researchers at TD Securities from C$13.00 to C$11.00 in a research note issued on Monday,BayStreet.CA reports. The firm presently has a "sell" rating on the stock. TD Securities' price objective points to a potential upside of 1.20% from the company's current price.

dentalcorp Stock Performance

DNTL traded down C$0.04 on Monday, reaching C$10.87. 811,775 shares of the stock were exchanged, compared to its average volume of 196,913. The company's 50-day moving average price is C$8.20 and its 200 day moving average price is C$8.24. dentalcorp has a fifty-two week low of C$7.10 and a fifty-two week high of C$10.95. The company has a debt-to-equity ratio of 78.72, a current ratio of 1.19 and a quick ratio of 1.04. The firm has a market capitalization of C$2.16 billion, a PE ratio of -47.26, a PEG ratio of -2.69 and a beta of 1.38.

About dentalcorp

(Get Free Report)

Dentalcorp Holdings Ltd is engaged in acquiring dental practices and providing health care services in Canada. It recognizes revenue for the provision of dental services that are rendered to patients by Partner dentists and dental practitioners contracted by the Professional Corporations and health care services rendered by employees or contractors of the company.

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Analyst Recommendations for dentalcorp (TSE:DNTL)

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