Brokers Issued Anticipation for Urthecast Corp’s FY2017 Revenue (UR)

Brokers Issued Anticipation for Urthecast Corp’s FY2017 Revenue (UR)

Urthecast Corp (TSE:UR) – Research analysts at Clarus Securities dropped their FY2017 earnings per share (EPS) estimates for shares of Urthecast Corp in a research note issued to investors on Wednesday. Clarus Securities analyst N. Atkinson now expects that the firm will post earnings per share of ($0.11) for the year, down from their prior forecast of ($0.05). Clarus Securities also issued estimates for Urthecast Corp’s FY2018 earnings at ($0.06) EPS.

Other analysts also recently issued research reports about the stock. Canaccord Genuity boosted their target price on shares of Urthecast Corp from C$2.25 to C$3.50 in a research report on Thursday, February 9th. Raymond James Financial, Inc. reissued an “outperform” rating and set a C$3.00 target price on shares of Urthecast Corp in a research report on Wednesday.

Shares of Urthecast Corp (TSE:UR) opened at 1.80 on Friday. Urthecast Corp has a 52 week low of $0.69 and a 52 week high of $2.17. The stock has a 50 day moving average of $1.76 and a 200-day moving average of $1.20. The stock’s market capitalization is $213.80 million.

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