DIRTT Environmental Solutions (TSE:DRT) Upside Target Change

In a research report shared with investors and clients by Raymond James on 24 January, Dirtt Environmental Solutions (TSE:DRT) had its target price upped to $8.50. The firm at present has Strong Buy rating on the stock.

Out of 8 analysts covering DIRTT Environmental Solutions, 6 rate it a Buy, 1 indicate a Hold while 0 suggest a Sell. The highest target is $6.91 and the lowest is $4.42 according to Thomson/First Call. The 12-month mean target is $5.78, which means downside potential of 16.35% over the current price.

DIRTT Environmental Solutions (TSE:DRT) Profile

DIRTT Environmental Solutions Ltd. is a manufacturer of customized interiors. The Company combines its three-dimensional (3D) design, configuration and manufacturing software (ICE or ICE Software) with in-house manufacturing of its prefabricated interior construction solutions and a distribution partner (DP) network. The Company operates in Canada and the United States.

DIRTT Environmental Solutions (TSE:DRT) traded up 2.22% on 24 January, hitting $6.91. A total of 46,077 shares of the company’s stock traded hands. This is down from average of 144,151 shares. DIRTT Environmental Solutions has a 52 week low of $4.58 and a 52 week high of $6.91. The company has a market cap of $584.11 million and a P/E ratio of 49.2.

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