Canexus Corp (TSE:CUS) – Investment analysts at Raymond James Financial cut their FY2017 earnings per share estimates for Canexus Corp in a research note issued on Wednesday. Raymond James Financial analyst S. Hansen now expects that the brokerage will earn $0.13 per share for the year, down from their prior estimate of $0.20. Raymond James Financial has a “Market Perform” rating and a $1.60 price objective on the stock.

Earnings History and Estimates for Canexus Corp (TSE:CUS)

A number of other equities analysts have also recently issued reports on the company. CIBC restated a “sector perform” rating and set a C$1.50 price objective on shares of Canexus Corp in a report on Wednesday, July 6th. Scotiabank restated a “sector perform” rating and set a C$1.30 price objective on shares of Canexus Corp in a report on Thursday, September 1st. Royal Bank Of Canada restated a “sector perform” rating and set a C$1.50 price objective on shares of Canexus Corp in a report on Thursday, September 15th. Finally, TD Securities restated a “hold” rating and set a C$1.40 price objective on shares of Canexus Corp in a report on Monday, August 15th. Five research analysts have rated the stock with a hold rating, The stock currently has an average rating of “Hold” and an average target price of C$1.49.

Shares of Canexus Corp (TSE:CUS) remained flat at $1.52 during trading on Thursday. 1,152,612 shares of the company’s stock traded hands. The company has a 50 day moving average price of $1.37 and a 200-day moving average price of $1.38. The firm’s market capitalization is $284.07 million. Canexus Corp has a 1-year low of $1.06 and a 1-year high of $1.64.

About Canexus Corp

Canexus Corporation is a Canada-based company engaged in operating North American sodium chlorate production facilities; a North American chlor–alkali production facility, and a sodium chlorate and chlor–alkali production facility. The Company’s segments are North America Sodium Chlorate, North America Chlor–alkali (NACA) and South America (sodium chlorate and chlor–alkali).

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