Cormark Weighs in on People Co.’s FY2017 Earnings (PEO)

People Co. (CVE:PEO) – Equities research analysts at Cormark raised their FY2017 EPS estimates for shares of People in a report released on Monday. Cormark analyst G. Fairweather now expects that the company will post earnings per share of $0.14 for the year, up from their prior forecast of $0.09. Cormark also issued estimates for People’s FY2019 earnings at $0.27 EPS.

Other analysts have also recently issued research reports about the company. Laurentian Bank of Canada increased their price objective on People from C$7.80 to C$9.00 in a report on Thursday, November 23rd. Laurentian raised their price target on People from C$7.80 to C$9.00 in a report on Thursday, November 23rd. Finally, National Bank Financial reaffirmed an “outperform” rating and issued a C$8.50 price target on shares of People in a report on Thursday, November 23rd.

Shares of People (PEO) opened at C$7.70 on Tuesday. People has a 1-year low of C$4.10 and a 1-year high of C$7.75.

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About People

People Corporation provides group benefits, group retirement, and human resource services in Canada. The company offers consulting advice primarily comprising plan review and plan design, plan recommendations and alternative funding methods, plan set up, employee communications, wellness programs, and plan marketing services.

Earnings History and Estimates for People (CVE:PEO)

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