Pattern Energy Group Inc (TSE:PEG) – Investment analysts at National Bank Financial boosted their Q3 2016 earnings per share estimates for shares of Pattern Energy Group in a report released on Wednesday. National Bank Financial analyst R. Merer now expects that the brokerage will post earnings per share of ($0.13) for the quarter, up from their prior estimate of ($0.14). National Bank Financial also issued estimates for Pattern Energy Group’s Q4 2016 earnings at $0.19 EPS, FY2016 earnings at ($0.40) EPS and FY2017 earnings at $0.56 EPS.
Separately, Royal Bank Of Canada boosted their price target on shares of Pattern Energy Group from C$32.00 to C$33.00 in a report on Tuesday, July 5th.
Shares of Pattern Energy Group (TSE:PEG) opened at 29.39 on Monday. The firm’s 50 day moving average is $30.26 and its 200-day moving average is $28.94. Pattern Energy Group has a 52-week low of $20.50 and a 52-week high of $33.00. The company’s market capitalization is $2.24 billion.
About Pattern Energy Group
Pattern Energy Group Inc (Pattern Energy) is an independent power company focused on owning and operating power projects. The Company holds interests in over 16 wind power projects located in the United States, Canada and Chile with total capacity of over 2,280 megawatts (MW). Each of its projects has contracted to sell its output pursuant to a power sale agreement.
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