In a new note to investors yesterday, an analyst has provided a rating update for the Services sector company, Extendicare (EXE). The company received a Hold rating from RBC Capital’s analyst Neil Downey, with a C$8.50 price target.
According to TipRanks.com, Downey is ranked #346 out of 5184 analysts.
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The word on The Street in general, suggests a Hold analyst consensus rating for Extendicare with a C$8.38 average price target, representing a 3.7% upside. In a report issued on May 15, Echelon Wealth Partners also maintained a Hold rating on the stock with a C$8.25 price target.
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Extendicare’s market cap is currently C$715M and has a P/E ratio of 22.4. The company has a Price to Book ratio of 5.68.
Extendicare, Inc. operates as a holding company that engages in the provision of nursing care, home health care, retirement living, and management and consulting services. It operates through the following business segments: Long-Term Care, Retirement Living, Home Health Care, and Other Canadian Operations.
The company’s shares closed on Friday at C$8.08.
