Scotiabank Boosts Badger Infrastructure Solutions (OTCMKTS:BADFF) Price Target to C$38.50

Badger Infrastructure Solutions (OTCMKTS:BADFFGet Rating) had its price objective raised by Scotiabank from C$38.00 to C$38.50 in a research report sent to investors on Thursday morning, The Fly reports.

A number of other brokerages have also recently issued reports on BADFF. Stifel Nicolaus lifted their target price on Badger Infrastructure Solutions from C$35.00 to C$40.00 in a report on Friday, August 12th. TD Securities lifted their target price on Badger Infrastructure Solutions from C$33.00 to C$34.00 in a report on Friday, August 12th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Badger Infrastructure Solutions presently has a consensus rating of Moderate Buy and an average price target of $36.50.

Badger Infrastructure Solutions Stock Performance

Shares of OTCMKTS BADFF opened at $23.50 on Thursday. The stock’s fifty day simple moving average is $23.87 and its 200 day simple moving average is $23.20. Badger Infrastructure Solutions has a 52-week low of $18.33 and a 52-week high of $29.88.

Badger Infrastructure Solutions Company Profile

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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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Analyst Recommendations for Badger Infrastructure Solutions (OTCMKTS:BADFF)

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