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Dye & Durham Ltd T.DND

Alternate Symbol(s):  DYNDF

Dye & Durham Limited is a Canada-based provider of practice management solutions. The Company offers cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. The Company provides critical workflow software and information services, which clients use to manage their process, information and regulatory requirements. The Company has three geographic segments, being Canada, United Kingdom and Ireland, and Australia. Its solutions include practice management, data insights and due diligence and payment infrastructure. It has operations in Canada, the United Kingdom, Ireland, Australia and South Africa. The Company serves a large customer base of over 60,000 legal firms, financial service institutions and government organizations. Its subsidiaries include Dye & Durham Corporation, Dye & Durham (UK) Limited, Dye & Durham (UK) Holdings Limited, Dye & Durham Australia Pty Limited and GlobalX Information Pty Ltd.


TSX:DND - Post by User

Post by DZtraderon Apr 22, 2021 12:32pm
263 Views
Post# 33045364

Another buy rating issued

Another buy rating issued
I noticed Stepen Boland of Raymond James issued a buy rating with a $58.00 price target, that along with my earlier post indicating a $60.00 price target from Robert Young of Canaccord Genuity is encouraging, not entirely sure it is going to do much for the stock at this time though. Looks as though we are sitting awaiting another take out target. As noted by another poster, they are sitting on a nice little war chest of cash available for this purpose but these things take time. Robert Young indicated they do have however a strong pipeline and a number of good prospective takeovers lined up. I will say, it is a hard stock to hold and watch the weakness take over and get knocked around on light volume. Patience should well be rewarded though.
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