Today: FY2016 Earnings Forecast for Leucrotta Exploration Inc (LXE) Issued By Clarus Securities

Today: FY2016 Earnings Forecast for Leucrotta Exploration Inc (LXE) Issued By Clarus Securities

Leucrotta Exploration Inc (CVE:LXE) – Equities research analysts at Clarus Securities dropped their FY2016 earnings estimates for Leucrotta Exploration in a research report issued on Wednesday. Clarus Securities analyst D. Choi now forecasts that the brokerage will post earnings of ($0.07) per share for the year, down from their prior estimate of ($0.05).

LXE has been the topic of a number of other reports. Canaccord Genuity increased their price objective on shares of Leucrotta Exploration from C$1.75 to C$2.25 and gave the company a “hold” rating in a research note on Friday, August 19th. Royal Bank Of Canada reiterated an “outperform” rating and set a C$3.00 price objective on shares of Leucrotta Exploration in a research note on Friday, September 30th. Acumen Capital raised their target price on shares of Leucrotta Exploration from C$2.25 to C$2.80 and gave the company a “buy” rating in a research note on Thursday, August 18th. National Bank Financial raised their target price on shares of Leucrotta Exploration from C$1.75 to C$2.25 and gave the company an “outperform” rating in a research note on Thursday, August 18th. Finally, RBC Capital Markets set a C$3.00 target price on shares of Leucrotta Exploration and gave the company an “outperform” rating in a research note on Friday, September 30th. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of C$2.25.

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