Beacon Securities Analysts Reduce Earnings Estimates for Yellow Media Ltd. (Y)
Yellow Media Ltd. (TSE:Y) – Equities research analysts at Beacon Securities cut their FY2017 earnings per share (EPS) estimates for Yellow Media in a note issued to investors on Friday. Beacon Securities analyst V. Ajamain now anticipates that the brokerage will earn $1.99 per share for the year, down from their previous estimate of $2.20.
A number of other analysts also recently issued reports on the company. TD Securities restated a “hold” rating and issued a C$24.00 price target on shares of Yellow Media in a research report on Wednesday, September 28th. Royal Bank Of Canada downgraded Yellow Media from an “outperform” rating to a “sector perform” rating and lowered their price target for the stock from C$25.00 to C$21.00 in a research report on Friday.
Shares of Yellow Media (TSE:Y) opened at 18.54 on Monday. The company has a market cap of $520.51 million and a PE ratio of 12.25. Yellow Media has a one year low of $14.24 and a one year high of $22.24. The stock’s 50 day moving average is $21.15 and its 200-day moving average is $19.67.
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