dentalcorp (TSE:DNTL) Price Target Raised to C$13.00

dentalcorp (TSE:DNTL) had its target price increased by stock analysts at CIBC from C$11.50 to C$13.00 in a research report issued on Monday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. CIBC’s target price suggests a potential upside of 59.90% from the company’s current price.

DNTL has been the topic of a number of other reports. TD Securities set a C$12.00 price target on shares of dentalcorp and gave the stock a “buy” rating in a report on Thursday, December 12th. National Bankshares set a C$15.00 price target on shares of dentalcorp and gave the company a “buy” rating in a research note on Thursday, February 27th. Finally, Desjardins set a C$12.00 target price on shares of dentalcorp and gave the stock a “buy” rating in a research note on Thursday, December 12th. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of C$11.80.

dentalcorp Stock Up 4.6 %

TSE DNTL traded up C$0.36 during trading on Monday, reaching C$8.13. 258,100 shares of the company’s stock traded hands, compared to its average volume of 188,550. The company’s 50 day simple moving average is C$7.71 and its two-hundred day simple moving average is C$8.39. 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 firm has a market cap of C$1.53 billion, a price-to-earnings ratio of -18.90, a price-to-earnings-growth ratio of -2.69 and a beta of 1.26. dentalcorp has a 12-month low of C$6.01 and a 12-month high of C$10.50.

Insider Buying and Selling at dentalcorp

In other news, Director Robert Thomas Wolf purchased 10,000 shares of the stock in a transaction dated Monday, December 30th. The stock was acquired at an average price of C$8.20 per share, for a total transaction of C$82,000.00. 0.16% of the stock is currently owned by corporate insiders.

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.