What’s Next for DH Corp After Today’s Huge Increase?


 What's Next for DH Corp After Today's Huge Increase?

The stock of DH Corp (TSE:DH) is a huge mover today! About 86,695 shares traded hands. DH Corp (TSE:DH) has declined 22.65% since March 10, 2016 and is downtrending. It has underperformed by 28.26% the S&P500.
The move comes after 5 months positive chart setup for the $3.13B company. It was reported on Oct, 17 by Barchart.com. We have $48.76 PT which if reached, will make TSE:DH worth $2.16B more.

DH Corp (TSE:DH) Ratings Coverage

Out of 4 analysts covering DH Corporation (TSE:DH), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $51 is the highest target while $38 is the lowest. The $46.17 average target is 60.03% above today’s ($28.85) stock price. DH Corporation has been the topic of 12 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Tuesday, October 27 by National Bank Canada. TD Securities upgraded the stock to “Action Buy List” rating in Wednesday, October 28 report. Scotia Capital maintained DH Corp (TSE:DH) on Wednesday, July 29 with “Outperform” rating. On Friday, August 28 the stock rating was upgraded by Raymond James to “Strong Buy”.

More notable recent DH Corp (TSE:DH) news were published by: Seekingalpha.com which released: “DH Corp. – Is It A Hidden Financial Gem?” on September 26, 2015, also Business.Financialpost.com with their article: “Fighting back against DH Corp short sellers” published on October 28, 2015, Business.Financialpost.com published: “DH Corp downgraded to hold at TD Securities” on April 28, 2016. More interesting news about DH Corp (TSE:DH) were released by: Business.Financialpost.com and their article: “Why the tech boom in banking could boost DH Corp” published on December 16, 2015 as well as Theglobeandmail.com‘s news article titled: “DH Corp. getting pressured by short sellers” with publication date: December 02, 2015.

DH Corporation, formerly Davis + Henderson Corporation, is a Canada financial technology provider. The company has a market cap of $3.13 billion. The Firm offers lending and payments solutions in Canada, and lending and integrated core solutions in the United States. It has a 56.62 P/E ratio. The Company’s divisions include Global Transaction Banking Solutions , which comprises its activities in the United States and other international locations; Canadian segment, which comprises its activities in Canada; Lending & Integrated Core (L&IC) segment, which comprises its activities in the United States, and Corporate.

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