Research Analysts Issue Forecasts for Petrowest Corp’s FY2018 Earnings (PRW)
Petrowest Corp (TSE:PRW) – Equities researchers at Cormark issued their FY2018 EPS estimates for Petrowest Corp in a report issued on Monday. Cormark analyst J. Zhang anticipates that the firm will post earnings per share of $0.04 for the year.
Several other research firms have also recently commented on PRW. National Bank Financial cut their target price on shares of Petrowest Corp from C$0.50 to C$0.30 and set a “sector perform” rating for the company in a research note on Thursday, August 11th. Canaccord Genuity cut their target price on shares of Petrowest Corp from C$0.80 to C$0.45 in a research note on Friday, August 12th. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of C$0.69.
Petrowest Corp (TSE:PRW) remained flat at $0.29 on Tuesday. 6,900 shares of the stock were exchanged. Petrowest Corp has a 12 month low of $0.20 and a 12 month high of $0.61. The firm’s 50 day moving average price is $0.28 and its 200-day moving average price is $0.40. The stock’s market cap is $61.30 million.
Petrowest Corp Company Profile
Petrowest Corporation (Petrowest) provides industrial and civil infrastructure projects, as well as predrilling and post-completion energy services, gravel crushing and hauling for non-energy sector customers. The Company’s businesses include rock crushing, log and gravel loading and hauling, heavy equipment transportation, safety equipment rentals and supervision, heavy equipment rentals, land clearing, earth moving and site preparation services, and the operation of a landfill to receive and manage contaminated waste.
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