Badger Infrastructure Solutions Ltd. (TSE:BDGI) Receives C$51.50 Consensus Price Target from Analysts

Shares of Badger Infrastructure Solutions Ltd. (TSE:BDGI - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the six research firms that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$51.25.

A number of equities analysts have commented on the stock. Raymond James boosted their price target on shares of Badger Infrastructure Solutions from C$46.00 to C$50.00 and gave the company an "outperform" rating in a research report on Friday, March 7th. CIBC increased their price target on Badger Infrastructure Solutions from C$55.00 to C$59.00 and gave the stock an "outperform" rating in a research report on Friday, March 7th. Finally, Stifel Nicolaus raised their price target on Badger Infrastructure Solutions from C$51.00 to C$53.00 and gave the company a "buy" rating in a report on Thursday, January 30th.

Insider Transactions at Badger Infrastructure Solutions

In other Badger Infrastructure Solutions news, Director Mary Jordan bought 800 shares of Badger Infrastructure Solutions stock in a transaction dated Tuesday, March 11th. The shares were bought at an average price of C$39.32 per share, with a total value of C$31,456.00. 0.33% of the stock is currently owned by corporate insiders.

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Badger Infrastructure Solutions Price Performance

Shares of BDGI stock traded down C$0.82 during trading hours on Thursday, hitting C$39.68. The company had a trading volume of 216,030 shares, compared to its average volume of 111,293. The company has a debt-to-equity ratio of 92.49, a quick ratio of 1.49 and a current ratio of 1.73. The firm has a market capitalization of C$947.85 million, a price-to-earnings ratio of 22.97 and a beta of 1.14. Badger Infrastructure Solutions has a 12 month low of C$34.85 and a 12 month high of C$51.50. The firm's fifty day moving average is C$39.36 and its 200 day moving average is C$38.37.

Badger Infrastructure Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 15th were given a $0.18 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.72 dividend on an annualized basis and a yield of 1.81%. Badger Infrastructure Solutions's payout ratio is 41.68%.

Badger Infrastructure Solutions Company Profile

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.