Tincture and Durham (TSE: MDN)Raymond James stock reissued its “outperformance” rating in a research report released Wednesday, Analyst Price Targets reports. They currently have a target price of C $ 77.00 on the stock. Raymond James’ target price would indicate a potential rise of 66.41% from the company’s current price.

Other research analysts have also recently published research reports on the stock. BMO Capital Markets raised the target price for Dye & Durham shares from C $ 55.00 to C $ 60.00 in a research report published on Tuesday, December 7. Scotiabank raised its target price on Dye & Durham from C $ 53.00 to C $ 60.00 and gave the company an “outperformance” rating in a research report published on Wednesday, December 8th. CIBC increased its price target for Dye & Durham from C $ 46.00 to C $ 50.00 and rated the stock “neutral” in a research report published on Wednesday, December 8. Finally, Canaccord Genuity raised its price target on Dye & Durham from C $ 60.00 to C $ 70.00 in a report released on Tuesday, December 7. One analyst rated the stock with a conservation rating and four issued a buy rating for the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of C $ 63.40.

DND shares traded up C $ 4.70 during the noon session on Wednesday, reaching C $ 46.27. 1,296,752 shares of the stock traded for an average volume of 266,140. The company’s 50-day moving average price is C $ 40.90 and its two-hundred-day moving average price is 44. $ 59 CAD. The company has a market capitalization of 3.18 billion Canadian dollars and a PE ratio of -239.64. The company has a debt to equity ratio of 77.85, a quick ratio of 1.74 and a current ratio of 1.85. Dye & Durham has a one-year low of CA $ 35.51 and a one-year high of CA $ 53.68.

Dye & Durham Company Profile

Dye & Durham Limited, through its subsidiary Dye & Durham Corporation, provides cloud-based software and technology solutions to law firms, financial services institutions and government organizations in Canada and the United Kingdom. Its cloud-based platform automates public record due diligence searches, document preparation and electronic public records for legal due diligence, business formation and maintenance, lien registration, disputes and property transfers.

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