FY2018 EPS Estimates for Urthecast Corp (UR) Lifted by Clarus Securities
Urthecast Corp (TSE:UR) – Analysts at Clarus Securities lifted their FY2018 earnings per share estimates for Urthecast in a report issued on Monday. Clarus Securities analyst N. Atkinson now forecasts that the company will earn ($0.20) per share for the year, up from their previous forecast of ($0.32). Clarus Securities currently has a “Speculative Buy” rating on the stock. Clarus Securities also issued estimates for Urthecast’s FY2019 earnings at ($0.24) EPS.
Several other analysts also recently issued reports on the stock. Raymond James Financial downgraded shares of Urthecast from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from C$1.75 to C$1.10 in a research report on Wednesday, January 3rd. Canaccord Genuity lowered their price objective on shares of Urthecast from C$3.00 to C$2.00 in a research report on Wednesday, November 15th.
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