Yellow Pages (Y) Given New C$10.00 Price Target at National Bank Financial

Yellow Pages (TSE:Y) had its price objective trimmed by National Bank Financial from C$12.00 to C$10.00 in a research note published on Friday. The firm currently has a sector perform rating on the stock. National Bank Financial also issued estimates for Yellow Pages’ FY2018 earnings at $1.98 EPS.

A number of other equities research analysts have also weighed in on the stock. Royal Bank of Canada boosted their target price on shares of Yellow Pages from C$9.00 to C$11.00 and gave the stock a sector perform rating in a report on Friday, August 10th. TD Securities boosted their target price on shares of Yellow Pages from C$8.50 to C$11.50 in a report on Friday, August 10th.

Y stock traded down C$0.25 during trading on Friday, reaching C$7.75. 576,300 shares of the company were exchanged, compared to its average volume of 48,320. Yellow Pages has a twelve month low of C$6.48 and a twelve month high of C$10.73.

Yellow Pages (TSE:Y) last released its quarterly earnings data on Thursday, August 9th. The company reported C$0.56 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C$0.47 by C$0.09. The company had revenue of C$163.21 million for the quarter, compared to analyst estimates of C$172.40 million. As a group, research analysts expect that Yellow Pages will post 1.47052769513109 earnings per share for the current fiscal year.

Yellow Pages Company Profile

Yellow Pages Limited operates as a digital media and marketing solutions company in Canada. It operates through four segments: YP, Agency, Real Estate, and Other. The YP segment provides digital and traditional marketing products, such as online and mobile priority placement, content syndication, search engine solutions, Website fulfillment, social media campaign management, digital display advertising, video production, and print advertising to small and medium-sized enterprises.

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