Extendicare (TSE:EXE) Stock Price Expected to Rise, TD Securities Analyst Says

Extendicare (TSE:EXE) had its target price boosted by research analysts at TD Securities from C$9.50 to C$10.50 in a note issued to investors on Thursday,BayStreet.CA reports. The brokerage currently has a “hold” rating on the stock. TD Securities’ target price indicates a potential upside of 3.55% from the company’s previous close.

Separately, Royal Bank of Canada boosted their price target on Extendicare from C$8.50 to C$9.50 in a report on Monday, August 19th.

Extendicare Stock Performance

Shares of EXE opened at C$10.14 on Thursday. The firm has a market cap of C$846.39 million, a P/E ratio of 14.91 and a beta of 1.26. Extendicare has a twelve month low of C$6.41 and a twelve month high of C$10.43. The company has a debt-to-equity ratio of 305.80, a quick ratio of 0.98 and a current ratio of 0.60. The firm’s 50 day moving average price is C$9.27 and its two-hundred day moving average price is C$8.15.

About Extendicare

Extendicare Inc, through its subsidiaries, provides care and services for seniors in Canada. The company offers long term care (LTC) services; and home health care services, such as nursing care, occupational, physical and speech therapy, and assistance with daily activities, as well as management, consulting, and other services to third parties.