FY2017 Earnings Forecast for Leucrotta Exploration Inc. Issued By Clarus Securities (LXE)
Leucrotta Exploration Inc. (CVE:LXE) – Stock analysts at Clarus Securities boosted their FY2017 earnings per share estimates for Leucrotta Exploration in a note issued to investors on Wednesday. Clarus Securities analyst D. Choi now expects that the oil and natural gas company will earn ($0.02) per share for the year, up from their previous estimate of ($0.03).
Several other research analysts have also commented on the company. BMO Capital Markets set a C$2.25 price target on Leucrotta Exploration and gave the stock a “market perform” rating in a report on Wednesday, August 30th. Eight Capital reduced their price target on Leucrotta Exploration from C$2.10 to C$1.80 in a report on Wednesday, October 25th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of C$2.54.
In related news, insider Gmt Capital Corp acquired 1,364,500 shares of Leucrotta Exploration stock in a transaction that occurred on Tuesday, October 24th. The shares were purchased at an average cost of C$1.22 per share, for a total transaction of C$1,664,690.00.
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Leucrotta Exploration Company Profile
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