FENNER (OTCMKTS:FNERF) – Investment analysts at Jefferies Group lifted their FY2018 earnings per share estimates for shares of FENNER in a research report issued on Thursday, Zacks Investment Research reports. Jefferies Group analyst A. Douglas now forecasts that the company will post earnings per share of $0.30 for the year, up from their previous forecast of $0.27. Jefferies Group also issued estimates for FENNER’s FY2019 earnings at $0.36 EPS and FY2020 earnings at $0.41 EPS.
Separately, Zacks Investment Research upgraded shares of FENNER from a “hold” rating to a “buy” rating and set a $7.00 price objective for the company in a research report on Tuesday, January 23rd.
FENNER (FNERF) traded up $0.25 on Friday, hitting $6.55. 10,500 shares of the company traded hands, compared to its average volume of 525. FENNER has a 1 year low of $3.55 and a 1 year high of $6.55.
ILLEGAL ACTIVITY NOTICE: This piece was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright law. The correct version of this piece can be accessed at https://www.dispatchtribunal.com/2018/02/04/fenner-fnerf-to-post-fy2018-earnings-of-0-30-per-share-jefferies-group-forecasts.html.
Get a free copy of the Zacks research report on FENNER (FNERF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for FENNER Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FENNER and related companies with MarketBeat.com's FREE daily email newsletter.