Extendicare (TSE:EXE) PT Set at C$11.00 by BMO Capital Markets

Extendicare (TSE:EXE) has been assigned a C$11.00 target price by equities researchers at BMO Capital Markets in a report issued on Thursday,BayStreet.CA reports. The brokerage presently has a “market perform” rating on the stock. BMO Capital Markets’ price objective would suggest a potential upside of 5.97% from the stock’s current price.

A number of other research analysts have also weighed in on EXE. TD Securities raised their price objective on Extendicare from C$9.50 to C$10.50 and gave the company a “hold” rating in a report on Thursday, November 14th. Royal Bank of Canada raised their price target on shares of Extendicare from C$9.50 to C$11.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 28th.

Extendicare Price Performance

Shares of TSE EXE traded up C$0.03 during trading on Thursday, hitting C$10.38. The company had a trading volume of 9,973 shares, compared to its average volume of 106,585. Extendicare has a fifty-two week low of C$6.63 and a fifty-two week high of C$10.89. The company has a quick ratio of 0.98, a current ratio of 0.60 and a debt-to-equity ratio of 305.80. The stock has a fifty day simple moving average of C$10.36 and a two-hundred day simple moving average of C$9.18. The firm has a market capitalization of C$866.42 million, a price-to-earnings ratio of 15.26 and a beta of 1.26.

Extendicare (TSE:EXE) last posted its quarterly earnings data on Tuesday, November 12th. The company reported C$0.19 EPS for the quarter. Extendicare had a return on equity of 60.00% and a net margin of 4.28%. During the same quarter last year, the company posted $0.13 earnings per share. On average, research analysts expect that Extendicare will post 0.6134729 earnings per share for the current year.

About Extendicare

Extendicare Inc, operating solely in Canada, is the largest private-sector owner and operator of long-term care (LTC”) homes and one of the largest private-sector providers of publicly funded home health care services.