dentalcorp (TSE:DNTL) Price Target Raised to C$13.00

dentalcorp (TSE:DNTL) had its price target increased by CIBC from C$11.50 to C$13.00 in a note issued to investors on Monday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. CIBC’s price objective would suggest a potential upside of 59.90% from the company’s current price.

Several other equities research analysts have also weighed in on DNTL. National Bankshares set a C$15.00 price objective on dentalcorp and gave the company a “buy” rating in a research note on Thursday, February 27th. Desjardins set a C$12.00 target price on dentalcorp and gave the stock a “buy” rating in a report on Thursday, December 12th. Finally, TD Securities set a C$12.00 price target on dentalcorp and gave the stock a “buy” rating in a research report on Thursday, December 12th. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, dentalcorp presently has a consensus rating of “Buy” and an average price target of C$11.80.

dentalcorp Stock Up 4.6 %

TSE:DNTL traded up C$0.36 during trading hours on Monday, hitting C$8.13. 258,100 shares of the company’s stock traded hands, compared to its average volume of 188,550. The firm has a market cap of C$1.53 billion, a P/E ratio of -18.90, a P/E/G ratio of -2.69 and a beta of 1.26. dentalcorp has a twelve month low of C$6.01 and a twelve month high of C$10.50. The company has a debt-to-equity ratio of 78.72, a quick ratio of 1.04 and a current ratio of 1.19. The stock’s fifty day moving average price is C$7.71 and its two-hundred day moving average price is C$8.39.

Insider Transactions at dentalcorp

In related news, Director Robert Thomas Wolf acquired 10,000 shares of the company’s stock in a transaction that occurred on Monday, December 30th. The shares were acquired at an average price of C$8.20 per share, with a total value of C$82,000.00. Company insiders own 0.16% of the company’s stock.

About dentalcorp

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.