Brokerages Set Badger Infrastructure Solutions Ltd. (TSE:BDGI) PT at C$51.25

Badger Infrastructure Solutions Ltd. (TSE:BDGI - Get Free Report) has been given an average recommendation of "Moderate Buy" by the six research firms that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is C$49.00.

Several research analysts have weighed in on the company. Raymond James lifted their target price on Badger Infrastructure Solutions from C$46.00 to C$50.00 and gave the company an "outperform" rating in a research note on Friday, March 7th. CIBC dropped their price objective on shares of Badger Infrastructure Solutions from C$59.00 to C$52.00 in a research note on Thursday. Finally, Stifel Nicolaus reduced their target price on shares of Badger Infrastructure Solutions from C$53.00 to C$46.50 and set a "buy" rating for the company in a research note on Thursday.

Badger Infrastructure Solutions Stock Performance

Shares of BDGI traded down C$0.84 during mid-day trading on Monday, hitting C$36.48. 91,787 shares of the company's stock were exchanged, compared to its average volume of 103,773. The company has a current ratio of 1.73, a quick ratio of 1.49 and a debt-to-equity ratio of 92.49. Badger Infrastructure Solutions has a fifty-two week low of C$33.62 and a fifty-two week high of C$48.12. The business's 50 day moving average is C$38.65 and its two-hundred day moving average is C$38.47. The firm has a market capitalization of C$871.41 million, a P/E ratio of 21.12 and a beta of 1.14.

Insiders Place Their Bets

In other news, Director Mary Jordan bought 800 shares of the firm's stock in a transaction on Tuesday, March 11th. The shares were bought at an average cost of C$39.32 per share, for a total transaction of C$31,456.00. 0.33% of the stock is currently owned by company insiders.

About Badger Infrastructure Solutions

Badger Infrastructure Solutions Ltd is North America's provider of non-destructive excavating services. Its key technology is the Badger Hydrovac, which is used primarily for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank.