Leucrotta Exploration Inc. Expected to Earn FY2017 Earnings of ($0.02) Per Share (LXE)
Leucrotta Exploration Inc. (CVE:LXE) – Stock analysts at Clarus Securities boosted their FY2017 earnings per share (EPS) estimates for shares of Leucrotta Exploration in a research report issued on Wednesday. Clarus Securities analyst D. Choi now forecasts that the oil and natural gas company will post earnings of ($0.02) per share for the year, up from their previous forecast of ($0.03).
Other research analysts also recently issued research reports about the company. Eight Capital dropped their price target on Leucrotta Exploration from C$2.10 to C$1.80 in a research note on Wednesday, October 25th. BMO Capital Markets set a C$2.00 price target on Leucrotta Exploration and gave the company a “market perform” rating in a research note on Wednesday, October 25th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of C$2.54.
In other Leucrotta Exploration news, insider Gmt Capital Corp bought 1,364,500 shares of the stock in a transaction on Tuesday, October 24th. The stock was purchased at an average price of C$1.22 per share, with a total value of C$1,664,690.00.
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Leucrotta Exploration Company Profile
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