Extendicare (TSE:EXE) Given a C$11.00 Price Target by BMO Capital Markets Analysts

Extendicare (TSE:EXE) has been assigned a C$11.00 target price by analysts at BMO Capital Markets in a note issued to investors on Thursday,BayStreet.CA reports. The firm currently has a “market perform” rating on the stock. BMO Capital Markets’ price target suggests a potential upside of 5.97% from the company’s current price.

Several other research firms have also commented on EXE. Royal Bank of Canada upped their price target on shares of Extendicare from C$9.50 to C$11.00 and gave the company a “sector perform” rating in a report on Thursday, November 28th. TD Securities raised their target price on Extendicare from C$9.50 to C$10.50 and gave the stock a “hold” rating in a report on Thursday, November 14th.

Extendicare Stock Performance

Shares of Extendicare stock traded up C$0.03 on Thursday, reaching C$10.38. 9,973 shares of the stock were exchanged, compared to its average volume of 106,585. Extendicare has a twelve month low of C$6.63 and a twelve month high of C$10.89. The business has a 50 day moving average price of C$10.36 and a two-hundred day moving average price of C$9.18. The company has a quick ratio of 0.98, a current ratio of 0.60 and a debt-to-equity ratio of 305.80. The firm has a market capitalization of C$866.42 million, a price-to-earnings ratio of 15.26 and a beta of 1.26.

Extendicare (TSE:EXE) last announced its quarterly earnings data on Tuesday, November 12th. The company reported C$0.19 EPS for the quarter. Extendicare had a net margin of 4.28% and a return on equity of 60.00%. During the same quarter in the previous year, the business posted $0.13 earnings per share. Analysts anticipate that Extendicare will post 0.6134729 earnings per share for the current fiscal year.

Extendicare Company Profile

Extendicare Inc, operating solely in Canada, is the largest private-sector owner and operator of long-term care (LTC”) homes and one of the largest private-sector providers of publicly funded home health care services.