Canexus Corp (TSE:CUS) – Equities researchers at Raymond James Financial lowered their FY2017 earnings per share (EPS) estimates for shares of Canexus Corp in a research report issued on Wednesday. Raymond James Financial analyst S. Hansen now anticipates that the firm will earn $0.13 per share for the year, down from their prior forecast of $0.20. Raymond James Financial currently has a “Market Perform” rating and a $1.60 price target on the stock.
Several other equities analysts have also commented on the company. Scotiabank raised Canexus Corp from a “tender” rating to a “sector perform” rating and lowered their price objective for the company from C$1.40 to C$1.30 in a research report on Monday, July 4th. Royal Bank Of Canada restated a “sector perform” rating and set a C$1.50 price target on shares of Canexus Corp in a report on Thursday, September 15th. CIBC restated a “sector perform” rating and set a C$1.50 price target on shares of Canexus Corp in a report on Wednesday, July 6th. Finally, TD Securities restated a “hold” rating and set a C$1.40 price target on shares of Canexus Corp in a report on Monday, August 15th. Five analysts have rated the stock with a hold rating, Canexus Corp has an average rating of “Hold” and a consensus price target of C$1.49.
Shares of Canexus Corp (TSE:CUS) remained flat at $1.52 during trading on Thursday. The stock had a trading volume of 1,152,612 shares. Canexus Corp has a 52 week low of $1.06 and a 52 week high of $1.64. The company’s 50-day moving average price is $1.37 and its 200 day moving average price is $1.38. The stock’s market capitalization is $284.07 million.
About Canexus Corp
Canexus Corporation is a Canada-based company engaged in operating North American sodium chlorate production facilities; a North American chlor–alkali production facility, and a sodium chlorate and chlor–alkali production facility. The Company’s segments are North America Sodium Chlorate, North America Chlor–alkali (NACA) and South America (sodium chlorate and chlor–alkali).
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