Extendicare (TSE:EXE – Get Free Report) had its price objective raised by analysts at TD Securities from C$8.00 to C$9.00 in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. The firm currently has a “hold” rating on the stock. TD Securities’ target price would indicate a potential upside of 9.49% from the company’s previous close.
Separately, Royal Bank of Canada raised their target price on Extendicare from C$8.00 to C$8.50 and gave the company a “sector perform” rating in a report on Tuesday, May 21st.
View Our Latest Stock Analysis on EXE
Extendicare Stock Performance
Extendicare (TSE:EXE – Get Free Report) last issued its quarterly earnings results on Monday, August 12th. The company reported C$0.29 earnings per share (EPS) for the quarter. The business had revenue of C$348.48 million for the quarter, compared to the consensus estimate of C$360.20 million. Extendicare had a return on equity of 37.03% and a net margin of 2.63%. As a group, research analysts predict that Extendicare will post 0.4699088 EPS for the current year.
About Extendicare
Extendicare Inc, through its subsidiaries, provides care and services for seniors in Canada. The company offers long term care (LTC) services; and home health care services, such as nursing care, occupational, physical and speech therapy, and assistance with daily activities, as well as management, consulting, and other services to third parties.
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