Equities Analysts Offer Predictions for Yellow Pages Ltd’s FY2019 Earnings (TSE:Y)

Equities Analysts Offer Predictions for Yellow Pages Ltd’s FY2019 Earnings (TSE:Y)

Yellow Pages Ltd (TSE:Y) – Equities research analysts at National Bank Financial reduced their FY2019 earnings per share estimates for Yellow Pages in a report issued on Wednesday, August 14th, according to Zacks Investment Research. National Bank Financial analyst A. Shine now expects that the company will post earnings per share of $2.24 for the year, down from their previous estimate of $2.50. National Bank Financial currently has a “Outperform” rating and a $10.00 target price on the stock. National Bank Financial also issued estimates for Yellow Pages’ FY2020 earnings at $2.43 EPS.

Y has been the subject of a number of other research reports. TD Securities lifted their price target on shares of Yellow Pages from C$9.00 to C$9.50 and gave the stock a “hold” rating in a research note on Thursday, August 15th. Royal Bank of Canada increased their target price on Yellow Pages from C$9.00 to C$10.00 and gave the company a “sector perform” rating in a report on Thursday, May 16th.

Shares of TSE:Y remained flat at $C$8.40 during trading on Monday. 9,592 shares of the company’s stock traded hands, compared to its average volume of 14,059. The stock has a market cap of $235.83 million and a P/E ratio of 2.79. The firm’s fifty day simple moving average is C$8.19 and its 200 day simple moving average is C$7.34. Yellow Pages has a fifty-two week low of C$5.30 and a fifty-two week high of C$9.69.

About Yellow Pages

Yellow Pages Limited operates as a digital media and marketing solutions company. It offers a suite of apps, Websites, and print media to suit the search preferences of Canadians. The company provides digital and traditional marketing solutions, including online and mobile priority placement on Yellow Pages owned and operated media, content syndication, search engine solutions, Website fulfillment, social media campaign management and digital display advertising, video production, and print advertising to small and medium-sized businesses.

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