Badger Daylighting (TSE:BAD) had its target price upped by BMO Capital Markets from C$49.00 to C$53.00 in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. BMO Capital Markets’ price target indicates a potential upside of 10.74% from the stock’s previous close.
A number of other research firms have also recently commented on BAD. Industrial Alliance Securities cut Badger Daylighting from a “hold” rating to a “sell” rating and lifted their target price for the stock from C$40.00 to C$41.00 in a research note on Saturday, April 13th. Cormark lifted their target price on Badger Daylighting from C$40.00 to C$48.00 in a research note on Thursday, March 14th. Finally, Canaccord Genuity lifted their target price on Badger Daylighting from C$41.00 to C$47.00 and gave the stock an “average” rating in a research note on Thursday, March 14th.
TSE:BAD traded up C$1.33 during trading hours on Wednesday, hitting C$47.86. 578,615 shares of the company traded hands, compared to its average volume of 181,874. The company has a current ratio of 2.76, a quick ratio of 2.61 and a debt-to-equity ratio of 27.92. Badger Daylighting has a one year low of C$25.68 and a one year high of C$49.09. The stock has a market cap of $1.56 billion and a PE ratio of 26.20.
Badger Daylighting Company Profile
Badger Daylighting 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; potholing; and slot trenching services for perimeter slot trenching, exposing existing cables or conduits, cable or conduit and drain tile installation, and line fault repairs.
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