Rocky Mountain Dealerships Inc. (TSE:RME) – Research analysts at National Bank Financial increased their FY2018 earnings per share (EPS) estimates for Rocky Mountain Dealerships in a report released on Sunday. National Bank Financial analyst G. Colman now forecasts that the company will post earnings per share of $1.39 for the year, up from their prior estimate of $1.15. National Bank Financial currently has a “Outperform” rating and a $15.00 price target on the stock.

Several other equities research analysts have also recently commented on RME. CIBC boosted their price target on shares of Rocky Mountain Dealerships from C$12.00 to C$13.00 in a research report on Thursday, August 10th. TD Securities lifted their price target on Rocky Mountain Dealerships from C$11.50 to C$13.00 and gave the stock a “buy” rating in a research note on Thursday, August 10th. Finally, Raymond James Financial lifted their price target on Rocky Mountain Dealerships from C$13.00 to C$14.50 and gave the stock an “outperform” rating in a research note on Thursday, November 9th.

Shares of Rocky Mountain Dealerships (TSE:RME) traded down C$0.01 during trading on Wednesday, reaching C$13.59. 46,634 shares of the company’s stock traded hands, compared to its average volume of 25,957. Rocky Mountain Dealerships has a 12-month low of C$8.83 and a 12-month high of C$13.65.

In related news, Director Garrett Andrew Wyatt Ganden sold 50,000 shares of Rocky Mountain Dealerships stock in a transaction dated Monday, December 4th. The stock was sold at an average price of C$13.60, for a total value of C$680,000.00. Also, insider Jerald Palmer sold 15,000 shares of Rocky Mountain Dealerships stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of C$12.38, for a total value of C$185,700.00. Insiders sold a total of 125,000 shares of company stock worth $1,643,150 in the last three months.

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Rocky Mountain Dealerships Company Profile

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.

Earnings History and Estimates for Rocky Mountain Dealerships (TSE:RME)

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