Jefferies Group Comments on Recordati’s FY2019 Earnings (RCDTF)

Recordati (OTCMKTS:RCDTF) – Stock analysts at Jefferies Group issued their FY2019 earnings per share estimates for shares of Recordati in a research report issued on Wednesday. Jefferies Group analyst J. Vane-Tempest forecasts that the company will earn $2.23 per share for the year. Jefferies Group also issued estimates for Recordati’s FY2020 earnings at $2.39 EPS and FY2021 earnings at $2.54 EPS.

Separately, Zacks Investment Research upgraded Recordati from a “hold” rating to a “buy” rating and set a $51.00 target price on the stock in a research note on Friday.

Shares of Recordati (OTCMKTS RCDTF) remained flat at $$42.00 during trading on Friday. 45 shares of the company’s stock traded hands. The stock has a market cap of $8,780.00 and a PE ratio of 33.14. Recordati has a 12-month low of $31.70 and a 12-month high of $42.00.

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