Scotiabank Raises Badger Infrastructure Solutions (OTCMKTS:BADFF) Price Target to C$40.00

Badger Infrastructure Solutions (OTCMKTS:BADFF – Get Rating) had its price target raised by Scotiabank from C$39.00 to C$40.00 in a report published on Monday, The Fly reports.

Several other equities analysts have also recently issued reports on BADFF. CIBC started coverage on Badger Infrastructure Solutions in a report on Monday, March 14th. They issued a neutral rating for the company. BMO Capital Markets began coverage on Badger Infrastructure Solutions in a report on Monday, March 21st. They issued a buy rating and a $37.00 price target for the company. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, Badger Infrastructure Solutions presently has an average rating of Buy and a consensus price target of $36.25.

BADFF stock opened at $22.52 on Monday. The firm’s fifty day simple moving average is $23.31 and its 200-day simple moving average is $23.93. Badger Infrastructure Solutions has a 12 month low of $18.43 and a 12 month high of $35.00.

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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