Kew Media Group Inc (TSE:KEW) – Research analysts at Cormark cut their FY2017 earnings estimates for shares of Kew Media Group in a note issued to investors on Wednesday. Cormark analyst D. Mcfadgen now forecasts that the company will post earnings of ($0.47) per share for the year, down from their prior estimate of $0.54.

Separately, TD Securities restated a “buy” rating and set a C$13.00 price objective 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) opened at 9.70 on Friday. The firm has a 50-day moving average price of $10.08 and a 200-day moving average price of $10.28. Kew Media Group has a 52-week low of $9.51 and a 52-week high of $11.24. The firm has a market cap of $115.39 million and a price-to-earnings ratio of 0.48.

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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