Valener Inc (VNR) Forecasted to Post Q4 2016 Earnings of ($0.06) Per Share
Valener Inc (TSE:VNR) – Equities research analysts at National Bank Financial issued their Q4 2016 earnings per share (EPS) estimates for Valener in a research report issued to clients and investors on Wednesday. National Bank Financial analyst P. Kenny forecasts that the firm will earn ($0.06) per share for the quarter.
VNR has been the topic of several other reports. BMO Capital Markets dropped their price objective on Valener from C$23.00 to C$22.00 and set a “market perform” rating on the stock in a research report on Friday, August 12th. TD Securities raised their target price on Valener from C$21.00 to C$23.00 and gave the stock a “hold” rating in a research report on Friday, August 12th. Finally, Desjardins raised their target price on Valener from C$22.00 to C$22.50 and gave the stock a “hold” rating in a research report on Thursday, August 18th. Five investment analysts have rated the stock with a hold rating, Valener presently has a consensus rating of “Hold” and a consensus target price of C$22.50.
Valener (TSE:VNR) opened at 21.55 on Monday. The company has a 50 day moving average of $21.54 and a 200 day moving average of $21.98. Valener has a 52-week low of $16.67 and a 52-week high of $23.27. The company has a market capitalization of $832.54 million and a PE ratio of 15.19.
Valener Company Profile
Valener Inc is a Canada-based energy company. The Company holds interests in Gaz Metro Limited Partnership (Gaz Metro). The Company’s segments include Energy Distribution; Natural Gas Transportation; Energy Production; Energy Services, Storage and Other, and Corporate Affairs. Its Energy Distribution segment consists of natural gas distribution activities in Quebec and Vermont, as well as electricity distribution activities in Vermont.
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