Q4 2017 EPS Estimates for Rocky Mountain Dealerships Inc. Cut by National Bank Financial (RME)
Rocky Mountain Dealerships Inc. (TSE:RME) – Research analysts at National Bank Financial dropped their Q4 2017 earnings per share (EPS) estimates for shares of Rocky Mountain Dealerships in a research note issued to investors on Sunday. National Bank Financial analyst G. Colman now expects that the company will post earnings of $0.34 per share for the quarter, down from their prior forecast of $0.35. National Bank Financial has a “Outperform” rating and a $15.00 price target on the stock.
Other analysts also recently issued reports about the stock. Raymond James Financial boosted their target price on shares of Rocky Mountain Dealerships from C$13.00 to C$14.50 and gave the stock an “outperform” rating in a report on Thursday, November 9th. TD Securities upped their price target on shares of Rocky Mountain Dealerships from C$11.50 to C$13.00 and gave the company a “buy” rating in a report on Thursday, August 10th. Finally, CIBC upped their price target on shares of Rocky Mountain Dealerships from C$12.00 to C$13.00 in a report on Thursday, August 10th.
In other news, insider Jerald Palmer sold 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of C$12.38, for a total value of C$185,700.00. Also, Director Garrett Andrew Wyatt Ganden sold 50,000 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of C$13.60, for a total transaction of C$680,000.00. Over the last three months, insiders sold 125,000 shares of company stock valued at $1,643,150.
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About Rocky Mountain Dealerships
Rocky Mountain Dealerships Inc is an agriculture equipment dealer with a network of full-service agriculture and industrial equipment stores across the Canadian Prairie Provinces. The Company operates in two segments: agriculture segment and industrial segment. The agriculture segment primarily includes sales of agricultural equipment, parts and services, and the industrial segment includes sales of industrial equipment, parts and services.
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