Equities Analysts Offer Predictions for North American Energy Partners Inc.’s FY2018 Earnings (NOA)

Equities Analysts Offer Predictions for North American Energy Partners Inc.’s FY2018 Earnings (NOA)

North American Energy Partners Inc. (TSE:NOA) (NYSE:NOA) – Equities researchers at National Bank Financial issued their FY2018 EPS estimates for North American Energy Partners in a research note issued on Wednesday. National Bank Financial analyst M. Sytchev forecasts that the firm will post earnings of $0.57 per share for the year. National Bank Financial currently has a “Outperform” rating and a $9.00 target price on the stock.

Other equities analysts also recently issued reports about the company. Raymond James Financial, Inc. boosted their price objective on North American Energy Partners from C$5.00 to C$9.00 and gave the stock an “outperform” rating in a research report on Friday. BMO Capital Markets set a C$8.00 target price on North American Energy Partners and gave the stock an “outperform” rating in a research note on Friday. Finally, Canaccord Genuity boosted their target price on North American Energy Partners from C$5.50 to C$6.00 in a research note on Thursday, November 3rd.

Shares of North American Energy Partners (TSE:NOA) traded up 1.63% during trading on Friday, reaching $6.85. 238,211 shares of the company traded hands. The stock’s 50 day moving average is $5.41 and its 200 day moving average is $4.16. North American Energy Partners has a 1-year low of $1.95 and a 1-year high of $6.90. The company’s market capitalization is $196.66 million.

North American Energy Partners Company Profile

North American Energy Partners Inc provides a range of mining and heavy construction services. The Company offers its services to customers in the resource development and industrial construction sectors, within Western Canada. The Company provides construction and operations support services through various stages of an oil sands project’s lifecycle.

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