Stifel Nicolaus Boosts Badger Infrastructure Solutions (TSE:BDGI) Price Target to C$53.00

Badger Infrastructure Solutions (TSE:BDGI) had its price target upped by research analysts at Stifel Nicolaus from C$51.00 to C$53.00 in a report issued on Thursday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price target indicates a potential upside of 30.74% from the company’s previous close.

Several other research analysts have also recently issued reports on BDGI. CIBC upped their target price on shares of Badger Infrastructure Solutions from C$49.00 to C$52.00 in a report on Friday, December 13th. Raymond James cut their price objective on shares of Badger Infrastructure Solutions from C$50.00 to C$46.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$49.93.

Badger Infrastructure Solutions Trading Up 1.7 %

Shares of Badger Infrastructure Solutions stock traded up C$0.67 on Thursday, reaching C$40.54. The company had a trading volume of 22,300 shares, compared to its average volume of 81,570. Badger Infrastructure Solutions has a 52-week low of C$34.85 and a 52-week high of C$51.50. The firm’s 50 day moving average price is C$37.52 and its two-hundred day moving average price is C$37.74. The firm has a market cap of C$1.40 billion, a PE ratio of 24.72 and a beta of 1.14. The company has a debt-to-equity ratio of 97.25, a quick ratio of 1.49 and a current ratio of 1.65.

Insider Buying and Selling at Badger Infrastructure Solutions

In other Badger Infrastructure Solutions news, Director Stephanie Cuskley purchased 1,000 shares of the business’s stock in a transaction dated Thursday, November 7th. The stock was bought at an average cost of C$38.97 per share, for a total transaction of C$38,971.20. Company insiders own 0.33% of the company’s stock.

About Badger Infrastructure Solutions

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.