Canaccord Genuity Remains a Buy on Badger Daylighting (BAD)

By Jason Carr

Today, an analyst has provided a rating update for Badger Daylighting (BADResearch Report). Canaccord Genuity’s analyst Yuri Lynk reiterates their Buy rating on the shares, with a C$47 price target.

According to TipRanks.com, Lynk is a 4-star analyst with an average return of 6.1% and a 52.0% success rate. Lynk covers the Basic Materials sector, focusing on stocks such as Badger Daylighting Ltd, SNC-Lavalin Group Inc, and Stantec Inc.

Badger Daylighting has an analyst consensus of Moderate Buy, with a price target consensus of C$48, a 18.8% upside from current levels. In a report released today, BMO Capital also reiterated a Buy rating on the stock with a C$49 price target.

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The company has a one-year high of C$40.14 and a one-year low of C$22.59. Currently, Badger Daylighting has an average volume of 188K.

Badger Daylighting Ltd. engages in the provision of non-destructive excavating services. It works for contractors and facility owners in the utility, transportation, industrial, engineering, construction and petroleum industries. Its hydrovac services include petroleum industry, and utility clients and general contractors.

The company’s shares closed on Thursday at C$40.40.