Dexterra Group Inc. (TSE:DXT) Given Average Rating of “Buy” by Analysts

Dexterra Group Inc. (TSE:DXT) has been given an average rating of “Buy” by the seven brokerages that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is C$7.88.

A number of equities analysts recently commented on the stock. Scotiabank raised their price objective on shares of Dexterra Group from C$8.50 to C$9.00 in a research note on Wednesday, July 14th. Raymond James raised shares of Dexterra Group from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from C$6.50 to C$8.50 in a research note on Thursday, May 13th. Finally, ATB Capital raised their price objective on shares of Dexterra Group from C$8.25 to C$8.50 in a research note on Thursday, May 13th.

Dexterra Group stock traded down C$0.12 during midday trading on Thursday, reaching C$6.53. The stock had a trading volume of 9,338 shares, compared to its average volume of 44,823. The firm has a fifty day moving average of C$6.56. Dexterra Group has a twelve month low of C$3.32 and a twelve month high of C$7.00. The company has a debt-to-equity ratio of 36.05, a quick ratio of 1.45 and a current ratio of 1.67. The firm has a market cap of C$424.90 million and a price-to-earnings ratio of 5.90.

The business also recently announced a quarterly dividend, which was paid on Thursday, July 15th. Shareholders of record on Wednesday, June 30th were paid a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 4.59%. The ex-dividend date was Tuesday, June 29th. Dexterra Group’s dividend payout ratio (DPR) is currently 19.96%.

About Dexterra Group

Dexterra Group Inc provides a range of products and services to end markets in Canada. It operates through three segments: Modular Solutions, Facilities Management, and Workforce Accommodations, Forestry and Energy Services. The Modular Solutions segment integrates design concepts with off-site manufacturing processes to produce building solutions for social and affordable housing, commercial, residential, and industrial clients.

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Analyst Recommendations for Dexterra Group (TSE:DXT)

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