The Desjardins Weighs in on Uni Select Inc’s Q2 2017 Earnings (UNS)

The Desjardins Weighs in on Uni Select Inc’s Q2 2017 Earnings (UNS)

Uni Select Inc (TSE:UNS) – Stock analysts at Desjardins lowered their Q2 2017 earnings estimates for Uni Select in a research report issued on Friday. Desjardins analyst B. Poirier now forecasts that the company will post earnings per share of $0.45 for the quarter, down from their previous forecast of $0.47. Desjardins also issued estimates for Uni Select’s FY2019 earnings at $2.36 EPS.

Other analysts have also recently issued research reports about the stock. Scotiabank reissued an “outperform” rating and set a C$38.00 price objective on shares of Uni Select in a report on Friday, February 10th. Laurentian raised their price objective on shares of Uni Select from C$37.00 to C$39.00 and gave the stock a “buy” rating in a report on Friday, February 10th. Laurentian Bank of Canada raised their price objective on shares of Uni Select from C$37.00 to C$39.00 and gave the stock a “buy” rating in a report on Friday, February 10th. Royal Bank of Canada raised their price objective on shares of Uni Select from C$36.00 to C$38.00 and gave the stock an “outperform” rating in a report on Friday, February 10th. Finally, BMO Capital Markets reissued a “market perform” rating and set a C$34.00 price objective on shares of Uni Select in a report on Friday, May 5th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of C$37.57. Shares of Uni Select (UNS) opened at 30.70 on Monday. The firm’s 50-day moving average is $32.65 and its 200 day moving average is $32.05. Uni Select has a 52-week low of $27.64 and a 52-week high of $37.03. The stock has a market cap of $1.30 billion and a P/E ratio of 22.72.

Uni Select Company Profile Uni-Select Inc is a Canada-based distributor of automotive products, and paint and related products for motor vehicles. The Company operates through three segments: Paint and Related Products (US), Automotive Products (Canada), and Corporate Office and Others. The Paint and Related Products (US) segment is engaged in the distribution of automotive refinish and industrial paint and related products representing its subsidiary, FinishMaster, Inc Automotive Products (Canada) is engaged in the distribution of automotive aftermarket parts, including refinish and industrial paint and related products, through Canadian networks.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:UNS”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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