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Analysts raise Extendicare price targets amid financial concerns, stock rises to C$20.73.
Analysts have raised price targets for Extendicare (TSE:EXE), with National Bankshares setting a new target of C$24.50 and Cormark increasing its forecast to C$30.00, reflecting optimism despite a "Hold" rating from Cormark.
The stock rose to C$20.73 on Wednesday, with a consensus "Buy" rating and a C$23.30 average target.
The company, Canada’s largest private long-term care provider, has a market cap of C$1.74 billion and faces financial concerns with a debt-to-equity ratio of 283.02 and current ratio of 0.62.
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Los analistas elevan los objetivos de precios de Extendicare en medio de preocupaciones financieras, las acciones suben a C$20.73.