dentalcorp (TSE:DNTL) Stock Price Expected to Rise, Desjardins Analyst Says

dentalcorp (TSE:DNTL) had its target price raised by Desjardins from C$12.00 to C$12.75 in a research note issued on Monday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Desjardins’ price target indicates a potential upside of 56.83% from the company’s current price.

A number of other equities research analysts have also commented on DNTL. TD Securities set a C$12.00 target price on dentalcorp and gave the company a “buy” rating in a research report on Thursday, December 12th. National Bankshares set a C$15.00 price target on dentalcorp and gave the company a “buy” rating in a research report on Thursday, February 27th. CIBC upped their price objective on dentalcorp from C$11.50 to C$13.00 and gave the stock an “outperform” rating in a research report on Monday. Finally, Canaccord Genuity Group raised their price objective on shares of dentalcorp from C$12.25 to C$12.50 and gave the stock a “buy” rating in a research note on Monday. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of C$11.80.

dentalcorp Stock Up 4.6 %

DNTL traded up C$0.36 on Monday, hitting C$8.13. The company had a trading volume of 258,100 shares, compared to its average volume of 188,550. dentalcorp has a 12-month low of C$6.01 and a 12-month high of C$10.50. The stock has a fifty day moving average price of C$7.71 and a 200-day moving average price of C$8.39. 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 has a market capitalization of C$1.53 billion, a price-to-earnings ratio of -18.90, a P/E/G ratio of -2.69 and a beta of 1.26.

Insider Activity at dentalcorp

In related news, Director Robert Thomas Wolf bought 10,000 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The stock was purchased at an average cost of C$8.20 per share, for a total transaction of C$82,000.00. Insiders own 0.16% of the company’s stock.

dentalcorp Company Profile

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.