FY2018 EPS Estimates for Kew Media Group Inc (KEW) Raised by Analyst
Kew Media Group Inc (TSE:KEW) – Stock analysts at Cormark lifted their FY2018 EPS estimates for shares of Kew Media Group in a research note issued to investors on Wednesday. Cormark analyst D. Mcfadgen now forecasts that the company will post earnings of $0.37 per share for the year, up from their previous forecast of $0.30. Cormark also issued estimates for Kew Media Group’s FY2019 earnings at $0.45 EPS.
Separately, TD Securities reiterated a “buy” rating and issued a C$13.00 target price on shares of Kew Media Group in a research note on Wednesday, October 4th.
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Shares of Kew Media Group (TSE:KEW) traded down 2.33% during mid-day trading on Thursday, hitting $9.65. 9,600 shares of the stock traded hands. The firm has a 50 day moving average of $10.08 and a 200 day moving average of $10.28. Kew Media Group has a 12 month low of $9.51 and a 12 month high of $11.24. The stock has a market cap of $114.80 million and a price-to-earnings ratio of 0.47.
About Kew Media Group
Kew Media Group Inc is a Canada-based special purpose acquisition company. The Company is formed with a purpose of effecting an acquisition of one or more businesses or assets, by way of a merger, amalgamation, arrangement, share exchange, asset acquisition, share purchase, reorganization, or any other similar business combination.
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