Today: Rogers Sugar Inc (RSI) Forecasted to Post Q1 2017 Earnings of $0.15 Per Share

Today: Rogers Sugar Inc (RSI) Forecasted to Post Q1 2017 Earnings of $0.15 Per Share

Rogers Sugar Inc (TSE:RSI) – Research analysts at National Bank Financial issued their Q1 2017 earnings per share estimates for Rogers Sugar in a report issued on Thursday. National Bank Financial analyst F. Tremblay expects that the brokerage will earn $0.15 per share for the quarter. National Bank Financial has a “Sector Perform Under Weight” rating on the stock. National Bank Financial also issued estimates for Rogers Sugar’s Q2 2017 earnings at $0.09 EPS, Q3 2017 earnings at $0.09 EPS, Q4 2017 earnings at $0.13 EPS, FY2017 earnings at $0.46 EPS and FY2018 earnings at $0.47 EPS.

Several other brokerages also recently issued reports on RSI. Scotiabank raised their price objective on shares of Rogers Sugar from C$6.00 to C$6.50 and gave the stock a “sector perform” rating in a research report on Friday. TD Securities reiterated a “market perform” rating and issued a C$6.50 price target (up from C$6.00) on shares of Rogers Sugar in a research report on Thursday. Finally, BMO Capital Markets lifted their price target on shares of Rogers Sugar from C$6.00 to C$6.50 and gave the company a “hold” rating in a research report on Thursday.

Shares of Rogers Sugar (TSE:RSI) opened at 6.48 on Monday. Rogers Sugar has a 52 week low of $4.00 and a 52 week high of $6.74. The stock has a market capitalization of $608.15 million and a price-to-earnings ratio of 11.15. The firm’s 50-day moving average is $6.26 and its 200-day moving average is $6.14.

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