14:16:23 EDT Sat 18 May 2024
Enter Symbol
or Name
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Badger Infrastructure Solutions Ltd
Symbol BDGI
Shares Issued 34,473,438
Close 2023-10-03 C$ 33.00
Market Cap C$ 1,137,623,454
Recent Sedar Documents

Globe says Lynk hopeful on Badger's pricing engine

2023-10-03 07:57 ET - In the News

The Globe and Mail reports in its Tuesday, Oct. 3, edition that Canaccord Genuity analyst Yuri Lynk has reaffirmed his "buy" recommendation for Badger Infrastructure Solutions. The Globe's David Leeder writes in the Eye On Equities column that Mr. Lynk gave his share target a $2 boost to $46. Analysts on average target the shares at $39. Mr. Lynk says in a note: "We hosted Rob Blackadar, president and CEO, and Rob Dawson, CFO, for two days of meetings with institutional investors in Toronto and Montreal. ... Management is more focused on pricing than it's ever been. The company rolled out its Oracle-based customized pricing engine, CPQ (configure, price, quote), in June and has yet to see the bulk of the impacts from this dynamic pricing system that sets the price based on factors such as branch utilization, timing, and market ranking. Badger's team highlighted that it expects to see more of its benefit in Q3 and Q4 of this year and that this is relevant for the 30 per cent of its revenue that is spot priced, while the rest is contracted (national and regional accounts." The Globe reported on July 7 that Mr. Lynk had reaffirmed his "buy" recommendation for Badger Infrastructure when it was worth $30.61.

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