Brokerages Set dentalcorp Holdings Ltd. (TSE:DNTL) PT at C$12.22

dentalcorp Holdings Ltd. (TSE:DNTL - Get Free Report) has been given a consensus rating of "Buy" by the eight analysts that are presently covering the firm, Marketbeat reports. Eight investment analysts have rated the stock with a buy rating. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is C$12.22.

A number of equities analysts have weighed in on the stock. CIBC increased their price target on shares of dentalcorp from C$11.50 to C$13.00 and gave the stock an "outperform" rating in a research note on Monday, March 24th. Canaccord Genuity Group lifted their target price on dentalcorp from C$12.25 to C$12.50 and gave the company a "buy" rating in a report on Monday, March 24th. TD Securities set a C$12.00 price target on dentalcorp and gave the stock a "buy" rating in a research note on Thursday, December 12th. Desjardins raised their price objective on dentalcorp from C$12.00 to C$12.75 and gave the stock a "buy" rating in a report on Monday, March 24th. Finally, National Bankshares set a C$15.00 target price on dentalcorp and gave the stock a "buy" rating in a report on Thursday, February 27th.

dentalcorp Trading Down 2.4 %

Shares of DNTL stock traded down C$0.19 during trading hours on Friday, hitting C$7.70. 193,394 shares of the company were exchanged, compared to its average volume of 196,264. The firm has a fifty day moving average of C$7.78 and a 200 day moving average of C$8.37. The company has a quick ratio of 1.04, a current ratio of 1.19 and a debt-to-equity ratio of 78.72. dentalcorp has a 1 year low of C$6.01 and a 1 year high of C$10.50. The firm has a market cap of C$1.45 billion, a PE ratio of -17.90, a PEG ratio of -2.69 and a beta of 1.26.

dentalcorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 22nd. Investors of record on Tuesday, April 22nd will be given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 1.56%. The ex-dividend date of this dividend is Friday, April 4th.

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.