Desjardins Raises dentalcorp (TSE:DNTL) Price Target to C$11.00

dentalcorp (TSE:DNTL) had its price target lifted by equities researchers at Desjardins from C$10.50 to C$11.00 in a research report issued on Monday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Desjardins’ price objective indicates a potential upside of 37.50% from the stock’s current price.

DNTL has been the topic of several other research reports. BMO Capital Markets cut their target price on dentalcorp from C$11.00 to C$10.00 and set an “outperform” rating on the stock in a research note on Monday, May 13th. Canaccord Genuity Group lowered their target price on dentalcorp from C$10.50 to C$10.25 and set a “buy” rating on the stock in a research note on Monday, May 13th. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, dentalcorp currently has a consensus rating of “Moderate Buy” and a consensus price target of C$10.08.

dentalcorp Stock Down 0.7 %

Shares of DNTL traded down C$0.06 during trading hours on Monday, reaching C$8.00. 30,146 shares of the stock traded hands, compared to its average volume of 208,418. dentalcorp has a 52 week low of C$5.27 and a 52 week high of C$8.49. The company has a market cap of C$1.44 billion, a price-to-earnings ratio of -23.50, a PEG ratio of -2.69 and a beta of 1.38. The stock has a fifty day simple moving average of C$7.74 and a 200 day simple moving average of C$7.04. The company has a current ratio of 1.12, a quick ratio of 1.04 and a debt-to-equity ratio of 78.58.

About dentalcorp

dentalcorp Holdings Ltd., through its subsidiaries, engages in the acquiring and partnering with dental practices to provide health care services in Canada. The company was formerly known as Dentalcorp Overbite Ltd. dentalcorp Holdings Ltd. was founded in 2011 and is headquartered in Toronto, Canada.