Sherritt International Corp (TSE:S) – Stock analysts at National Bank Financial boosted their FY2019 earnings per share estimates for shares of Sherritt International in a research note issued to investors on Monday. National Bank Financial analyst D. Demarco now expects that the company will post earnings per share of $0.04 for the year, up from their prior forecast of $0.02. National Bank Financial currently has a “Outperform” rating and a $2.00 target price on the stock.
Other equities analysts have also recently issued research reports about the company. TD Securities lowered their target price on Sherritt International from C$2.50 to C$2.25 in a report on Friday, January 26th. Scotiabank lowered their target price on Sherritt International from C$2.25 to C$1.75 and set a “sector perform” rating for the company in a report on Monday, January 15th.
TRADEMARK VIOLATION WARNING: This report was originally published by American Banking News and is the sole property of of American Banking News. If you are reading this report on another domain, it was copied illegally and reposted in violation of international trademark & copyright laws. The correct version of this report can be read at https://www.americanbankingnews.com/2018/02/14/national-bank-financial-comments-on-sherritt-international-corps-fy2019-earnings-s.html.
Sherritt International Company Profile
Sherritt International Corporation is engaged in the mining and refining of nickel and cobalt from lateritic ores with projects and operations in Canada, Cuba and Madagascar. The Company’s segments include Metals, Oil and Gas, Power, and Corporate and Other. The Metals segment includes mining, processing and refining nickel and cobalt from lateritic ore bodies, through the partnership with General Nickel Company SA of Cuba (the Moa Joint Venture); an interest in the Ambatovy Joint Venture that owns a nickel operation in Madagascar.
Receive News & Ratings for Sherritt International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sherritt International and related companies with MarketBeat.com's FREE daily email newsletter.