Shawcor Ltd (TSE:SCL) – Analysts at National Bank Financial raised their Q3 2017 earnings per share (EPS) estimates for shares of Shawcor in a report released on Tuesday. National Bank Financial analyst G. Colman now anticipates that the company will post earnings per share of $0.36 for the quarter, up from their previous forecast of $0.31. National Bank Financial currently has a “Outperform” rating and a $35.00 price objective on the stock. National Bank Financial also issued estimates for Shawcor’s FY2018 earnings at $0.71 EPS.

Other equities research analysts have also recently issued reports about the company. TD Securities set a C$33.00 price objective on Shawcor and gave the stock a “buy” rating in a report on Saturday, September 23rd. BMO Capital Markets lowered their price objective on Shawcor from C$42.00 to C$36.00 in a report on Monday, August 14th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of C$36.60.

TRADEMARK VIOLATION WARNING: “Shawcor Ltd Expected to Earn Q3 2017 Earnings of $0.36 Per Share (SCL)” was originally published by American Banking News and is owned by of American Banking News. If you are accessing this article on another domain, it was stolen and republished in violation of US & international copyright law. The correct version of this article can be viewed at

Shares of Shawcor (SCL) opened at 28.54 on Friday. Shawcor has a 12 month low of $24.20 and a 12 month high of $39.95. The stock’s market cap is $2.00 billion. The firm has a 50-day moving average price of $26.39 and a 200-day moving average price of $29.71.

Shawcor Company Profile

Shawcor Ltd is a Canada-based energy services company. The Company is engaged in designing, engineering, marketing and selling products and services, such as pipe coating services; flexible composite pipe; onshore and offshore pipeline corrosion and thermal protection; ultrasonic and radiographic inspection services; tubular management services; heat-shrinkable polymer tubing, and control and instrumentation wire and cable.

Earnings History and Estimates for Shawcor (TSE:SCL)

Receive News & Ratings for Shawcor Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shawcor Ltd and related companies with's FREE daily email newsletter.