Badger Infrastructure Solutions (TSE:BDGI) Price Target Raised to C$82.00 at CIBC

Badger Infrastructure Solutions (TSE:BDGI) had its price objective lifted by CIBC from C$71.00 to C$82.00 in a research report report published on Friday,BayStreet.CA reports.

Other equities analysts have also recently issued research reports about the company. Raymond James Financial cut Badger Infrastructure Solutions from an “outperform” rating to a “market perform” rating and lifted their target price for the company from C$60.00 to C$72.00 in a research note on Wednesday, October 22nd. Stifel Nicolaus increased their price target on shares of Badger Infrastructure Solutions from C$70.00 to C$86.00 and gave the stock a “buy” rating in a research report on Monday, October 27th. Canaccord Genuity Group boosted their price objective on shares of Badger Infrastructure Solutions from C$60.00 to C$71.00 and gave the company a “buy” rating in a research report on Tuesday, October 7th. TD Securities set a C$70.00 price objective on shares of Badger Infrastructure Solutions and gave the company a “buy” rating in a research note on Friday, September 5th. Finally, BMO Capital Markets lifted their target price on shares of Badger Infrastructure Solutions from C$55.00 to C$60.00 in a research note on Friday, October 10th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Badger Infrastructure Solutions currently has an average rating of “Moderate Buy” and an average target price of C$75.67.

Badger Infrastructure Solutions Stock Up 1.3%

Shares of BDGI stock traded up C$0.95 on Friday, reaching C$72.95. 126,903 shares of the company’s stock traded hands, compared to its average volume of 98,560. The company has a market capitalization of C$2.46 billion, a P/E ratio of 40.08 and a beta of 0.98. Badger Infrastructure Solutions has a 12-month low of C$33.62 and a 12-month high of C$75.73. The company has a debt-to-equity ratio of 92.49, a quick ratio of 1.49 and a current ratio of 1.73. The business’s 50 day moving average price is C$64.03 and its two-hundred day moving average price is C$53.75.

Badger Infrastructure Solutions Company Profile

Badger Infrastructure Solutions Ltd is North America’s provider of non-destructive excavating services. Its key technology is the Badger Hydrovac, which is used primarily for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank.