Shawcor Ltd (TSE:SCL) – Research analysts at Cormark issued their FY2016 EPS estimates for shares of Shawcor in a research report issued to clients and investors on Monday. Cormark analyst J. Zhang expects that the firm will earn ($2.93) per share for the year. Cormark also issued estimates for Shawcor’s Q4 2016 earnings at $0.06 EPS, Q1 2017 earnings at $0.28 EPS, Q2 2017 earnings at $0.29 EPS, Q3 2017 earnings at $0.54 EPS, Q4 2017 earnings at $0.63 EPS and FY2018 earnings at $2.74 EPS.
A number of other analysts have also recently issued reports on the company. BMO Capital Markets raised their price objective on Shawcor from C$40.00 to C$42.00 in a research report on Tuesday. TD Securities lifted their price target on Shawcor from C$41.00 to C$42.00 and gave the stock a “buy” rating in a report on Wednesday, December 28th.
Shares of Shawcor (TSE:SCL) traded up 0.65% during mid-day trading on Wednesday, reaching $34.29. The company’s stock had a trading volume of 55,660 shares. The firm has a 50 day moving average price of $33.94 and a 200 day moving average price of $32.23. The firm’s market cap is $2.22 billion. Shawcor has a 52-week low of $25.45 and a 52-week high of $36.39.
Shawcor Company Profile
Shawcor Ltd is a Canada-based energy services company. The Company is engaged in designing, engineering, marketing and selling products and services, such as pipe coating services; flexible composite pipe; onshore and offshore pipeline corrosion and thermal protection; ultrasonic and radiographic inspection services; tubular management services; heat-shrinkable polymer tubing, and control and instrumentation wire and cable.
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