Brokerages Set Badger Infrastructure Solutions Ltd. (OTCMKTS:BADFF) Target Price at $36.50

Badger Infrastructure Solutions Ltd. (OTCMKTS:BADFFGet Rating) has received a consensus rating of “Buy” from the six research firms that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $36.50.

A number of research analysts have issued reports on BADFF shares. BMO Capital Markets started coverage on shares of Badger Infrastructure Solutions in a research report on Monday, March 21st. They set a “buy” rating and a $37.00 target price on the stock. Stifel Nicolaus upgraded shares of Badger Infrastructure Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, January 11th. Scotiabank upgraded shares of Badger Infrastructure Solutions from a “sector perform” rating to an “outperform” rating in a research report on Wednesday. Finally, CIBC initiated coverage on Badger Infrastructure Solutions in a report on Monday, March 14th. They set a “neutral” rating on the stock.

Shares of BADFF opened at $25.00 on Wednesday. Badger Infrastructure Solutions has a 52 week low of $18.43 and a 52 week high of $35.00. The firm’s 50-day simple moving average is $23.14 and its 200 day simple moving average is $24.72.

About Badger Infrastructure Solutions (Get Rating)

Badger Infrastructure Solutions 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; slot trenching services; and service repair pits for gas service tie-in, electric cable fault repair, water main and service repair, and telecom splice applications.

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Analyst Recommendations for Badger Infrastructure Solutions (OTCMKTS:BADFF)

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