Badger Infrastructure Solutions Ltd. (TSE:BDGI) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Badger Infrastructure Solutions Ltd. (TSE:BDGIGet Free Report) have been given a consensus rating of “Moderate Buy” by the eight ratings firms that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is C$53.44.

A number of equities research analysts have recently commented on the stock. Acumen Capital increased their price target on shares of Badger Infrastructure Solutions from C$47.50 to C$53.00 and gave the company a “speculative buy” rating in a report on Thursday, March 21st. Raymond James increased their target price on Badger Infrastructure Solutions from C$52.00 to C$57.00 and gave the company an “outperform” rating in a research note on Thursday, March 21st. Scotiabank boosted their price target on Badger Infrastructure Solutions from C$48.00 to C$52.00 and gave the stock a “sector perform” rating in a research note on Friday, March 22nd. BMO Capital Markets increased their price objective on Badger Infrastructure Solutions from C$49.00 to C$52.00 and gave the company a “market perform” rating in a research report on Thursday, March 21st. Finally, Canaccord Genuity Group boosted their target price on Badger Infrastructure Solutions from C$52.00 to C$60.00 and gave the stock a “buy” rating in a research report on Monday, March 4th.

Read Our Latest Stock Analysis on Badger Infrastructure Solutions

Insider Buying and Selling at Badger Infrastructure Solutions

In other Badger Infrastructure Solutions news, Director Robert George Blackadar acquired 2,000 shares of the company’s stock in a transaction that occurred on Monday, March 25th. The shares were bought at an average price of C$37.05 per share, with a total value of C$74,100.00. In related news, Senior Officer Joseph Patrick Wieneke bought 1,000 shares of the stock in a transaction that occurred on Tuesday, March 5th. The shares were bought at an average cost of C$31.64 per share, for a total transaction of C$31,643.80. Also, Director Robert George Blackadar purchased 2,000 shares of Badger Infrastructure Solutions stock in a transaction on Monday, March 25th. The stock was bought at an average price of C$37.05 per share, with a total value of C$74,100.00. Over the last 90 days, insiders have bought 4,000 shares of company stock valued at $139,694. 0.37% of the stock is owned by company insiders.

Badger Infrastructure Solutions Stock Performance

Shares of BDGI stock opened at C$43.30 on Monday. The company has a market capitalization of C$1.49 billion, a price-to-earnings ratio of 26.24 and a beta of 1.17. The company has a debt-to-equity ratio of 86.09, a quick ratio of 1.49 and a current ratio of 1.44. Badger Infrastructure Solutions has a one year low of C$24.55 and a one year high of C$51.50. The company’s 50-day moving average is C$47.41 and its 200 day moving average is C$43.49.

About Badger Infrastructure Solutions

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Badger Infrastructure Solutions Ltd. provides non-destructive excavating and related services in Canada and the United States. Its Badger Hydrovac technology uses a pressurized water stream to liquefy the soil cover, which is then removed with a vacuum system and deposited into a storage tank. The company offers daylighting services for visual confirmation of buried lines, directional drilling test holes, sacrificial anode installation, pipeline and utility crossings, and subsurface utility engineering test holes applications; and debris removal services for frac tank clean-outs, road and box culvert clean-outs, pipe-rammed casing clean-outs, ballast and filter media removal, and inside structures and buildings material removal.

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Analyst Recommendations for Badger Infrastructure Solutions (TSE:BDGI)

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