Jefferies Group Equities Analysts Raise Earnings Estimates for FENNER (FNERF)

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.

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