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

dentalcorp Holdings Ltd. (TSE:DNTL) has received an average recommendation of “Buy” from the eight brokerages that are currently covering the stock, MarketBeat.com reports. Eight investment analysts have rated the stock with a buy recommendation. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$12.22.

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

dentalcorp Price Performance

TSE:DNTL opened at C$7.70 on Friday. The firm has a market capitalization of C$1.45 billion, a price-to-earnings ratio of -17.90, a P/E/G ratio of -2.69 and a beta of 1.26. The company has a debt-to-equity ratio of 78.72, a quick ratio of 1.04 and a current ratio of 1.19. The stock has a fifty day moving average of C$7.78 and a 200 day moving average of C$8.37. dentalcorp has a 52-week low of C$6.01 and a 52-week high of C$10.50.

dentalcorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 22nd will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Friday, April 4th. This represents a $0.12 annualized dividend and a yield of 1.56%.

About dentalcorp

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.