Urthecast Corp (TSE:UR) – Investment analysts at Clarus Securities cut their FY2017 earnings per share estimates for Urthecast in a research note issued on Wednesday. Clarus Securities analyst N. Atkinson now anticipates that the company will post earnings per share of ($0.18) for the year, down from their previous estimate of ($0.17). Clarus Securities also issued estimates for Urthecast’s Q4 2017 earnings at ($0.05) EPS, FY2018 earnings at ($0.32) EPS and FY2019 earnings at ($0.31) EPS.

Other equities research analysts also recently issued research reports about the company. Canaccord Genuity lowered their price target on Urthecast from C$3.00 to C$2.00 in a report on Wednesday, November 15th. Raymond James Financial downgraded Urthecast from an “outperform” rating to a “market perform” rating and lowered their price target for the stock from C$1.75 to C$1.10 in a report on Wednesday.

Shares of Urthecast (TSE:UR) opened at C$1.08 on Friday. Urthecast has a twelve month low of C$0.85 and a twelve month high of C$2.17.

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