dentalcorp (TSE:DNTL) Hits New 12-Month High – What’s Next?

dentalcorp Holdings Ltd. (TSE:DNTL)’s share price reached a new 52-week high on Thursday . The company traded as high as C$10.02 and last traded at C$10.00, with a volume of 9866 shares changing hands. The stock had previously closed at C$9.88.

Analysts Set New Price Targets

Several analysts have recently issued reports on DNTL shares. BMO Capital Markets upped their price target on dentalcorp from C$10.00 to C$11.00 in a research note on Friday, August 9th. Jefferies Financial Group lifted their price target on shares of dentalcorp from C$10.00 to C$11.00 and gave the company a “buy” rating in a research report on Wednesday, October 16th. CIBC upped their price objective on shares of dentalcorp from C$10.00 to C$11.50 in a report on Friday, August 9th. Finally, Desjardins upped their price target on shares of dentalcorp from C$11.00 to C$11.75 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Nine equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$10.56.

dentalcorp Stock Performance

The stock has a fifty day moving average of C$8.58 and a 200-day moving average of C$7.86. The company has a quick ratio of 1.04, a current ratio of 1.11 and a debt-to-equity ratio of 78.72. The firm has a market capitalization of C$1.84 billion, a P/E ratio of -26.70, a P/E/G ratio of -2.69 and a beta of 1.26.

dentalcorp Company Profile

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.