Distinct Infrastructure Group (DUG) Price Target Cut to C$0.20

Distinct Infrastructure Group (CVE:DUG) had its price objective decreased by Canaccord Genuity from C$0.60 to C$0.20 in a research note published on Monday morning.

Several other brokerages have also commented on DUG. Industrial Alliance Securities lowered their price objective on Distinct Infrastructure Group from C$1.75 to C$1.25 in a research report on Thursday, September 13th. Raymond James lowered their price objective on Distinct Infrastructure Group from C$1.60 to C$1.20 and set an outperform rating for the company in a research report on Wednesday, August 29th.

Shares of Distinct Infrastructure Group stock opened at C$0.31 on Monday. The company has a debt-to-equity ratio of 256.63, a quick ratio of 3.86 and a current ratio of 4.02. Distinct Infrastructure Group has a 12 month low of C$0.28 and a 12 month high of C$1.60.

About Distinct Infrastructure Group

Distinct Infrastructure Group Inc, through its subsidiaries, operates as a design, engineering, construction, services, and maintenance company in Canada. The company offers technical services and maintenance, underground and aerial civil construction, third party material management, and hydro-excavation services to the utilities and telecommunications sectors, as well as to governments.

See Also: Cost of Equity For A Business, Investors

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