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

People Co. (CVE:PEO) – Research analysts at Cormark boosted their FY2017 EPS estimates for People in a note issued to investors on Monday, Zacks Investment Research reports. Cormark analyst G. Fairweather now forecasts that the company will post earnings per share of $0.14 for the year, up from their previous forecast of $0.09. Cormark also issued estimates for People’s FY2019 earnings at $0.27 EPS.

Several other brokerages have also commented on PEO. Laurentian upped their target price on People from C$7.80 to C$9.00 in a research report on Thursday, November 23rd. National Bank Financial restated an “outperform” rating and set a C$8.50 target price on shares of People in a research report on Thursday, November 23rd. Finally, Laurentian Bank of Canada upped their target price on People from C$7.80 to C$9.00 in a research report on Thursday, November 23rd.

Shares of People (CVE:PEO) opened at C$7.55 on Tuesday. People has a 52-week low of C$4.10 and a 52-week high of C$7.93.

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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.

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Earnings History and Estimates for People (CVE:PEO)

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