Cormark Comments on People Co.’s FY2018 Earnings (PEO)
People Co. (CVE:PEO) – Investment analysts at Cormark lowered their FY2018 earnings per share estimates for shares of People in a research report issued to clients and investors on Wednesday. Cormark analyst G. Fairweather now forecasts that the company will post earnings per share of $0.18 for the year, down from their prior forecast of $0.21. Cormark also issued estimates for People’s FY2019 earnings at $0.24 EPS.
Several other research analysts have also recently commented on the company. Laurentian boosted their price target on People from C$7.80 to C$9.00 in a research note on Thursday, November 23rd. National Bank Financial reiterated an “outperform” rating and issued a C$8.50 price target on shares of People in a research note on Thursday, November 23rd. Finally, Laurentian Bank of Canada boosted their price target on People from C$7.80 to C$9.00 in a research note on Thursday, November 23rd.
Shares of People (CVE:PEO) opened at C$7.75 on Friday. People has a 1 year low of C$4.10 and a 1 year high of C$7.93.
WARNING: This report was first reported by Watch List News and is owned by of Watch List News. If you are accessing this report on another website, it was stolen and republished in violation of United States & international trademark and copyright legislation. The legal version of this report can be viewed at https://www.watchlistnews.com/cormark-comments-on-people-co-s-fy2018-earnings-peo/1753646.html.
People Corporation provides group benefits, group retirement, and human resource services in Canada. The company offers consulting advice primarily comprising plan review and plan design, plan recommendations and alternative funding methods, plan set up, employee communications, wellness programs, and plan marketing services.
Receive News & Ratings for People Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for People Co. and related companies with Analyst Ratings Network's FREE daily email newsletter.