National Bank Financial Research Analysts Decrease Earnings Estimates for Street Capital Group Inc (TSE:SCB)
Street Capital Group Inc (TSE:SCB) – Investment analysts at National Bank Financial dropped their Q3 2017 earnings per share (EPS) estimates for shares of Street Capital Group in a report issued on Thursday. National Bank Financial analyst J. Gloyn now expects that the financial services provider will post earnings of $0.02 per share for the quarter, down from their prior forecast of $0.03. National Bank Financial currently has a “Sector Perform Market Weight” rating on the stock. National Bank Financial also issued estimates for Street Capital Group’s Q4 2017 earnings at $0.04 EPS, FY2017 earnings at $0.08 EPS and FY2018 earnings at $0.17 EPS.
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Separately, Raymond James Financial, Inc. lowered their target price on Street Capital Group from C$1.85 to C$1.60 and set an “outperform” rating on the stock in a report on Thursday, May 11th.
Shares of Street Capital Group (TSE SCB) opened at 1.12 on Monday. The company has a 50-day moving average of $1.25 and a 200-day moving average of $1.46. Street Capital Group has a 52 week low of $1.09 and a 52 week high of $2.44. The firm has a market capitalization of $136.17 million and a PE ratio of 12.73.
In other news, Director Ronald Anthony Marsha Lalonde bought 22,300 shares of the stock in a transaction that occurred on Monday, May 15th. The shares were purchased at an average cost of C$1.30 per share, with a total value of C$28,990.00.
About Street Capital Group
Street Capital Group Inc, formerly Counsel Corporation, is a financial services company. The Company operates principally as a mortgage lending business. It carries on its mortgage lending business through its subsidiary, Street Capital Financial Corporation (Street Capital Financial), which is a residential mortgage lender.
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