Badger Infrastructure Solutions (TSE:BDGI) PT Lowered to C$55.00 at Canaccord Genuity Group

Badger Infrastructure Solutions (TSE:BDGIGet Free Report) had its price objective reduced by equities researchers at Canaccord Genuity Group from C$60.00 to C$55.00 in a report issued on Tuesday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s target price suggests a potential upside of 49.33% from the company’s current price.

Other analysts have also issued reports about the stock. Raymond James upped their price target on shares of Badger Infrastructure Solutions from C$52.00 to C$57.00 and gave the company an “outperform” rating in a research report on Thursday, March 21st. Scotiabank cut their price target on shares of Badger Infrastructure Solutions from C$52.00 to C$48.50 and set a “sector perform” rating for the company in a research report on Monday, May 6th. Acumen Capital increased their target price on shares of Badger Infrastructure Solutions from C$47.50 to C$53.00 and gave the stock a “speculative buy” rating in a report on Thursday, March 21st. CIBC dropped their target price on shares of Badger Infrastructure Solutions from C$55.00 to C$52.00 and set an “outperform” rating for the company in a report on Wednesday, July 3rd. Finally, BMO Capital Markets increased their target price on shares of Badger Infrastructure Solutions from C$49.00 to C$52.00 and gave the stock a “market perform” rating in a report on Thursday, March 21st. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$53.31.

View Our Latest Report on BDGI

Badger Infrastructure Solutions Stock Down 0.9 %

Shares of TSE:BDGI opened at C$36.83 on Tuesday. Badger Infrastructure Solutions has a 52-week low of C$30.06 and a 52-week high of C$51.50. The firm has a fifty day moving average of C$41.70 and a 200 day moving average of C$44.53. The firm has a market capitalization of C$1.27 billion, a PE ratio of 22.88 and a beta of 1.18. The company has a debt-to-equity ratio of 100.32, a quick ratio of 1.49 and a current ratio of 1.72.

Insider Buying and Selling

In related news, Director Robert Dawson bought 1,600 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The shares were bought at an average price of C$43.40 per share, for a total transaction of C$69,441.44. In other Badger Infrastructure Solutions news, Director Robert Dawson purchased 1,600 shares of the company’s stock in a transaction dated Friday, May 10th. The shares were acquired at an average price of C$43.40 per share, for a total transaction of C$69,441.44. Also, Senior Officer Juan Francisco Brondo Garcia purchased 4,500 shares of the company’s stock in a transaction dated Tuesday, May 21st. The shares were acquired at an average price of C$42.79 per share, for a total transaction of C$192,555.00. Over the last quarter, insiders have purchased 8,900 shares of company stock worth $359,195. 0.39% of the stock is owned by insiders.

Badger Infrastructure Solutions Company Profile

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Badger Infrastructure Solutions Ltd. provides non-destructive excavating and related services in Canada and the United States. Its Badger Hydrovac technology uses a pressurized water stream to liquefy the soil cover, which is then removed with a vacuum system and deposited into a storage tank. The company offers daylighting services for visual confirmation of buried lines, directional drilling test holes, sacrificial anode installation, pipeline and utility crossings, and subsurface utility engineering test holes applications; and debris removal services for frac tank clean-outs, road and box culvert clean-outs, pipe-rammed casing clean-outs, ballast and filter media removal, and inside structures and buildings material removal.

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