FY2017 EPS Estimates for Lonza Group Ag (LZAGY) Reduced by Jefferies Group

Lonza Group Ag (OTC:LZAGY) – Equities research analysts at Jefferies Group cut their FY2017 EPS estimates for Lonza Group Ag in a note issued to investors on Thursday. Jefferies Group analyst P. Welford now anticipates that the company will post earnings per share of $1.04 for the year, down from their previous estimate of $1.08. Jefferies Group currently has a “Buy” rating on the stock.

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Lonza Group Ag (OTC:LZAGY) remained flat at $23.87 during mid-day trading on Monday. The company’s stock had a trading volume of 65 shares. The firm has a 50 day moving average of $21.99 and a 200-day moving average of $19.85. The company has a market capitalization of $14.64 billion, a price-to-earnings ratio of 38.27 and a beta of 1.04. Lonza Group Ag has a 1-year low of $15.27 and a 1-year high of $24.31.

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