Research Analysts Issue Forecasts for Koninklijke DSM NV’s FY2017 Earnings (RDSMY)
Koninklijke DSM NV (OTC:RDSMY) – Investment analysts at Jefferies Group lifted their FY2017 earnings per share (EPS) estimates for Koninklijke DSM NV in a research note issued on Tuesday. Jefferies Group analyst L. Alexander now forecasts that the basic materials company will post earnings per share of $1.04 for the year, up from their prior forecast of $0.99. Jefferies Group also issued estimates for Koninklijke DSM NV’s FY2018 earnings at $1.10 EPS.
Separately, Liberum Capital upgraded shares of Koninklijke DSM NV from a “hold” rating to a “buy” rating in a research note on Tuesday, March 28th.
Shares of Koninklijke DSM NV (OTC:RDSMY) traded down 0.38% during mid-day trading on Friday, hitting $18.45. 704 shares of the company’s stock traded hands. The company has a market cap of $12.92 billion, a PE ratio of 16.64 and a beta of 1.14. The firm has a 50-day moving average of $18.40 and a 200 day moving average of $17.29. Koninklijke DSM NV has a 52 week low of $14.50 and a 52 week high of $18.98.
About Koninklijke DSM NV
Koninklijke DSM N.V. (Royal DSM) is a global science-based company, engaged in offering health, nutrition and materials. The Company’s segments include Nutrition, Performance Materials, Innovation Center and Corporate Activities. Its Nutrition segment includes DSM Nutritional Products and DSM Food Specialties.
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