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

Shares of dentalcorp Holdings Ltd. (TSE:DNTL) have received an average rating of “Buy” from the eight brokerages that are presently covering the company, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a buy recommendation. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is C$12.22.

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

dentalcorp Trading Down 1.7 %

Shares of DNTL stock opened at C$7.61 on Friday. dentalcorp has a 1-year low of C$6.01 and a 1-year high of C$10.50. The company has a debt-to-equity ratio of 78.72, a current ratio of 1.19 and a quick ratio of 1.04. The business’s fifty day moving average price is C$7.76 and its 200 day moving average price is C$8.38. The firm has a market capitalization of C$1.43 billion, a PE ratio of -17.69, a P/E/G ratio of -2.69 and a beta of 1.26.

dentalcorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 22nd will be given a dividend of $0.03 per share. The ex-dividend date is Friday, April 4th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.58%.

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.