Jefferies Group Equities Analysts Decrease Earnings Estimates for Sunny Optical Tech (SNPTF)

Sunny Optical Tech (OTCMKTS:SNPTF) – Investment analysts at Jefferies Group cut their FY2018 earnings per share (EPS) estimates for shares of Sunny Optical Tech in a research note issued on Tuesday. Jefferies Group analyst R. Wu now forecasts that the company will earn $0.56 per share for the year, down from their prior forecast of $0.58.

Separately, Zacks Investment Research lowered Sunny Optical Tech from a “buy” rating to a “hold” rating and set a $16.00 price target on the stock. in a research report on Friday, January 5th.

Sunny Optical Tech (OTCMKTS SNPTF) opened at $14.25 on Friday. Sunny Optical Tech has a 1 year low of $5.58 and a 1 year high of $19.38.

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Sunny Optical Tech Company Profile

Sunny Optical Technology (Group) Company Limited, an investment holding company, researches and develops, designs, manufactures, and sells optical and optical-related products, and scientific instruments. The company operates in three segments: Optical Components, Optoelectronic Products, and Optical Instruments.

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