Desjardins Raises dentalcorp (TSE:DNTL) Price Target to C$12.75

dentalcorp (TSE:DNTL - Free Report) had its price objective lifted by Desjardins from C$12.00 to C$12.75 in a report released on Monday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

Other research analysts have also recently issued research reports about the company. TD Securities set a C$12.00 price objective on dentalcorp and gave the stock a "buy" rating in a research note on Thursday, December 12th. CIBC raised 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 report on Monday. 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. Finally, Canaccord Genuity Group increased their price target on dentalcorp from C$12.25 to C$12.50 and gave the stock a "buy" rating in a research report on Monday. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, dentalcorp presently has a consensus rating of "Buy" and a consensus price target of C$12.22.

dentalcorp Price Performance

Shares of TSE DNTL traded up C$0.10 during midday trading on Monday, reaching C$8.22. 157,195 shares of the stock traded hands, compared to its average volume of 190,938. The company has a debt-to-equity ratio of 78.72, a current ratio of 1.19 and a quick ratio of 1.04. dentalcorp has a one year low of C$6.01 and a one year high of C$10.50. The company's 50 day moving average is C$7.74 and its 200 day moving average is C$8.39. The stock has a market capitalization of C$1.54 billion, a PE ratio of -19.11, a P/E/G ratio of -2.69 and a beta of 1.26.

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Insider Transactions at dentalcorp

In related news, Director Robert Thomas Wolf acquired 10,000 shares of the firm's stock in a transaction that occurred on Monday, December 30th. The shares were purchased at an average price of C$8.20 per share, with a total value of C$82,000.00. Company 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.