11:38:44 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Badger Infrastructure Solutions Ltd
Symbol BDGI
Shares Issued 34,473,438
Close 2023-09-12 C$ 34.33
Market Cap C$ 1,183,473,127
Recent Sedar Documents

Globe says Badger seen getting better by the quarter

2023-09-13 07:37 ET - In the News

The Globe and Mail reports in its Wednesday, Sept. 13, edition that Stifel analyst Ian Gillies remains "positive" on the organic revenue growth prospects for Canadian engineering and construction firms, believing the spending outlook for customers will bring "above-trend" gains through 2025. The Globe's David Leeder writes in the Eye On Equities column that accordingly, Mr. Gillies boosted his share target for Badger Infrastructure Solutions by $3.50 to $52. Mr. Gillies continues to rate the shares "buy." Analysts on average target the shares at $38.71. Mr. Gillies says in a note: "A business that is getting better by the quarter. Keys to growth include: (1) market share capture as it will drive revenue growth and reduce cost per unit; and (2) continued cost management at the COGS line to help drive margin enhancement. Offers a 23 to 25 EPS CAGR of 36.2 per cent." The Globe reported on March 28 that Scotia Capital analyst Michael Doumet had reiterated his "sector perform" ranking for Badger Infrastructure Solutions. It was then worth $31.05. The Globe reported on July 5 and Aug. 9 that Mr. Gillies had reiterated his "buy" recommendation for Badger Infrastructure when it could be had for $28.05 and $34.74.

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