OBIC CO LTD (OBIIF) to Post FY2018 Earnings of $2.51 Per Share, Jefferies Group Forecasts

OBIC CO LTD (OTCMKTS:OBIIF) – Stock analysts at Jefferies Group upped their FY2018 earnings per share estimates for OBIC CO LTD in a research note issued on Wednesday. Jefferies Group analyst H. Sato now expects that the company will post earnings of $2.51 per share for the year, up from their prior estimate of $2.49. Jefferies Group also issued estimates for OBIC CO LTD’s FY2019 earnings at $2.69 EPS and FY2020 earnings at $2.89 EPS.

Separately, Zacks Investment Research upgraded shares of Obic Co from a “sell” rating to a “buy” rating and set a $51.00 price objective for the company in a research report on Thursday, August 10th.

OBIC CO LTD (OTCMKTS:OBIIF) remained flat at $$45.10 during trading on Thursday.

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