Yellow Pages (Y) PT Raised to C$9.00 at National Bank Financial

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Yellow Pages (TSE:Y) had its price target upped by analysts at National Bank Financial from C$8.50 to C$9.00 in a report issued on Thursday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s target price indicates a potential upside of 14.80% from the company’s previous close.

A number of other research firms have also issued reports on Y. Royal Bank of Canada dropped their target price on Yellow Pages from C$10.00 to C$9.00 and set a “sector perform” rating on the stock in a report on Thursday, February 14th. TD Securities dropped their target price on Yellow Pages from C$9.50 to C$8.00 and set a “hold” rating on the stock in a report on Thursday, February 14th.

Y traded up C$0.54 during trading on Thursday, hitting C$7.84. 12,143 shares of the stock were exchanged, compared to its average volume of 18,141. The firm has a market cap of $194.00 million and a price-to-earnings ratio of 2.82. Yellow Pages has a 1-year low of C$5.30 and a 1-year high of C$10.73.

Yellow Pages (TSE:Y) last released its earnings results on Wednesday, February 13th. The company reported C$1.28 earnings per share (EPS) for the quarter. The company had revenue of C$124.52 million during the quarter. On average, sell-side analysts predict that Yellow Pages will post 0.839999960586512 earnings per share for the current fiscal year.

Yellow Pages Company Profile

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.

See Also: Balance Sheet

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