Desjardins Increases dentalcorp (TSE:DNTL) Price Target to C$11.75

dentalcorp (TSE:DNTL) had its target price raised by research analysts at Desjardins from C$11.00 to C$11.75 in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Desjardins’ target price indicates a potential upside of 27.72% from the company’s current price.

Several other equities research analysts have also commented on the stock. CIBC lifted their price target on shares of dentalcorp from C$10.00 to C$11.50 in a research note on Friday, August 9th. BMO Capital Markets raised their price objective on dentalcorp from C$10.00 to C$11.00 in a report on Friday, August 9th. Finally, Jefferies Financial Group boosted their target price on dentalcorp from C$10.00 to C$11.00 and gave the company a “buy” rating in a report on Wednesday, October 16th. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of C$10.56.

dentalcorp Price Performance

TSE DNTL remained flat at C$9.20 on Wednesday. 23,934 shares of the company’s stock traded hands, compared to its average volume of 190,354. dentalcorp has a 12 month low of C$5.27 and a 12 month high of C$9.45. The firm has a fifty day simple moving average of C$8.29 and a 200-day simple moving average of C$7.65. The company has a current ratio of 1.11, a quick ratio of 1.04 and a debt-to-equity ratio of 78.72. The firm has a market cap of C$1.66 billion, a P/E ratio of -24.86, a PEG ratio of -2.69 and a beta of 1.26.

About dentalcorp

dentalcorp Holdings Ltd., through its subsidiaries, engages in the acquiring and partnering with dental practices to provide health care services in Canada. The company was formerly known as Dentalcorp Overbite Ltd. dentalcorp Holdings Ltd. was founded in 2011 and is headquartered in Toronto, Canada.