Equities Analysts Issue Forecasts for Street Capital Group Inc’s Q2 2018 Earnings (TSE:SCB)
Street Capital Group Inc (TSE:SCB) – Equities research analysts at Cormark boosted their Q2 2018 earnings per share estimates for shares of Street Capital Group in a report issued on Wednesday. Cormark analyst J. Fenwick now expects that the financial services provider will post earnings of $0.06 per share for the quarter, up from their prior estimate of $0.05.
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Other research analysts have also issued reports about the company. Raymond James Financial, Inc. decreased their target price on Street Capital Group from C$1.85 to C$1.60 and set an “outperform” rating for the company in a report on Thursday, May 11th. National Bank Financial lowered Street Capital Group from an “outperform market weight” rating to a “sector perform market weight” rating in a report on Thursday, April 27th.
Street Capital Group (TSE:SCB) remained flat at $1.12 on Friday. The company had a trading volume of 3,200 shares. The firm has a market capitalization of $136.61 million and a price-to-earnings ratio of 29.47. The firm’s 50 day moving average is $1.23 and its 200-day moving average is $1.43. Street Capital Group has a 12 month low of $1.08 and a 12 month high of $2.44.
In related news, Director Ronald Anthony Marsha Lalonde bought 22,300 shares of the firm’s stock in a transaction that occurred on Monday, May 15th. The stock was purchased at an average cost of C$1.30 per share, for a total transaction of C$28,990.00.
About Street Capital Group
Street Capital Group Inc, a financial services company, through its subsidiaries, primarily engages in the mortgage lending business in Canada. It provides a broad lineup of high ratio and conventional mortgages to borrowers, as well as sells the mortgages. The company offers residential mortgage loans primarily through its network of independent mortgage brokers.
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