Recordati to Post FY2019 Earnings of $2.23 Per Share, Jefferies Group Forecasts (OTCMKTS:RCDTF)

Recordati (OTCMKTS:RCDTF) – Stock analysts at Jefferies Group issued their FY2019 earnings per share estimates for Recordati in a research note issued to investors on Wednesday, Zacks Investment Research reports. Jefferies Group analyst J. Vane-Tempest expects that the company will earn $2.23 per share for the year. Jefferies Group also issued estimates for Recordati’s FY2020 earnings at $2.39 EPS and FY2021 earnings at $2.54 EPS.

Separately, Zacks Investment Research upgraded shares of Recordati from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a report on Friday, January 19th.

Recordati (RCDTF) remained flat at $$42.00 during trading on Friday. 400 shares of the company traded hands, compared to its average volume of 3. The company has a market cap of $9,828.88, a price-to-earnings ratio of 30.66, a PEG ratio of 2.93 and a beta of -1.35. Recordati has a one year low of $42.00 and a one year high of $42.00.

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