Research Analysts Set Expectations for Distinct Infrastructure Group Inc.’s FY2017 Earnings (DUG)
Distinct Infrastructure Group Inc. (CVE:DUG) – Equities research analysts at Cormark cut their FY2017 EPS estimates for shares of Distinct Infrastructure Group in a research report issued to clients and investors on Wednesday. Cormark analyst G. Fairweather now forecasts that the company will post earnings per share of $0.09 for the year, down from their prior estimate of $0.12.
Separately, Canaccord Genuity cut shares of Distinct Infrastructure Group from a “speculative buy” rating to a “hold” rating and cut their price target for the company from C$1.95 to C$1.45 in a research report on Wednesday, August 30th.
Distinct Infrastructure Group Company Profile
Distinct Infrastructure Group Inc, through its subsidiaries, operates as a design, engineering, construction, services, and maintenance company in Canada. It offers technical and maintenance, directional drilling, underground and aerial civil construction, hydro-excavation, and third party material management services to the utilities and telecommunications sectors.
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