Analysts set Badger Infrastructure Solutions Ltd. (TSE:BDGI) PT at $50.00

VaselineSeptember 4, 2024

0 2 minutes read

Badger Infrastructure Solutions Ltd. (TSE:BDGI – Get Your Free Report ) has been given an average recommendation of “Moderate Buy” by the eight analysts that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $50.00.

A number of analysts have recently issued reports on the stock. CIBC decreased their price objective on shares of Badger Infrastructure Solutions from $52.00 to $50.00 and set an “outperform” rating for the company in a report on Tuesday, August 6th. Raymond James dropped their price objective on Badger Infrastructure Solutions from $54.00 to $50.00 and set an “outperform” rating for the company in a research note on Tuesday, August 6th. Stifel Nicolaus reduced their price objective on shares of Badger Infrastructure Solutions from $56.60 to $55.50 and set a “buy” rating for the company in a research note on Tuesday, August 6th. BMO Capital Markets decreased their price objective on Badger Infrastructure Solutions from $45.00 to $42.00 and set a “market perform” rating for the company in a report on Friday, August 2nd. Finally, Canaccord Genuity Group cut their price objective on Badger Infrastructure Solutions from $60.00 to $55.00 and set a “buy” rating for the company in a research note on Tuesday. July 9.

Read our latest report on Badger Infrastructure Solutions

Badger Infrastructure Solutions Price Performance

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Shares of TSE:BDGI opened at $35.41 on Friday. The company has a current ratio of 1.65, a quick ratio of 1.49, and a debt-to-equity ratio of 97.25. The stock has a market cap of $1.22 billion, a PE ratio of 21.72 and a beta of 1.14. The stock’s fifty day simple moving average is $37.72 and the two hundred day simple moving average is $42.55. Badger Infrastructure Solutions has a 1 year low of $32.25 and a 1 year high of $51.50.

Badger Infrastructure Solutions Raises Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Monday, July 15th were given a dividend of $0.18 per share. This represents a dividend of $0.72 on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend was Friday, June 28th. This is a boost from Badger Infrastructure Solutions’ previous quarterly dividend of $0.17. Badger Infrastructure Solutions’ dividend yield is 44.17%.

Badger Infrastructure Solutions Company Profile

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Badger Infrastructure Solutions Ltd. provides non-destructive excavation and related services in Canada and the United States. Its Badger Hydrovac technology uses a stream of pressurized water to liquefy the soil layer, which is then removed with a vacuum system and stored in a storage tank. The company provides natural lighting services for visual confirmation of buried lines, directional drill test holes, sacrificial anode installation, pipeline and utility crossings, and underground engineering test hole applications; and tailings removal services for tailings tank cleaning, roadway and box channel cleaning, pipe casing cleaning, ballast and filter media removal, and removal of materials from inside structures and buildings.