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

dentalcorp (TSE:DNTL) had its target price boosted by equities research analysts at CIBC from C$11.50 to C$13.00 in a report released on Monday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. CIBC’s price target would suggest a potential upside of 58.54% from the company’s previous close.

A number of other equities analysts have also recently issued reports on DNTL. TD Securities set a C$12.00 price target on dentalcorp and gave the stock a “buy” rating in a report on Thursday, December 12th. Desjardins set a C$12.00 price target on shares of dentalcorp and gave the stock a “buy” rating in a report on Thursday, December 12th. Finally, National Bankshares set a C$15.00 price objective on shares of dentalcorp and gave the stock a “buy” rating in a research report on Thursday, February 27th. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat, dentalcorp has an average rating of “Buy” and an average price target of C$12.22.

dentalcorp Stock Up 0.1 %

Shares of dentalcorp stock opened at C$8.20 on Monday. The stock’s 50-day moving average is C$7.73 and its 200 day moving average is C$8.39. dentalcorp has a one year low of C$6.01 and a one year high of C$10.50. The firm has a market cap of C$1.54 billion, a price-to-earnings ratio of -19.06, a PEG ratio of -2.69 and a beta of 1.26. The company has a debt-to-equity ratio of 78.72, a current ratio of 1.19 and a quick ratio of 1.04.

Insider Transactions at dentalcorp

In related news, Director Robert Thomas Wolf acquired 10,000 shares of the company’s stock in a transaction on Monday, December 30th. The shares were acquired at an average cost of C$8.20 per share, for a total transaction of C$82,000.00. 0.16% of the stock is currently owned by insiders.

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.