Goldcorp Inc. (TSE:G) (NYSE:GG) – Equities researchers at National Bank Financial issued their Q4 2017 EPS estimates for Goldcorp in a research note issued to investors on Wednesday, according to Zacks Investment Research. National Bank Financial analyst M. Parkin forecasts that the company will earn $0.12 per share for the quarter. National Bank Financial currently has a “Outperform” rating and a $25.00 target price on the stock. National Bank Financial also issued estimates for Goldcorp’s FY2018 earnings at $0.42 EPS.
A number of other research analysts have also recently commented on the stock. Canaccord Genuity raised their price target on shares of Goldcorp from C$21.00 to C$21.50 in a research note on Friday, January 19th. JPMorgan Chase & Co. raised their price objective on shares of Goldcorp from C$21.00 to C$23.60 in a report on Wednesday, November 15th. Eight Capital reaffirmed a “buy” rating on shares of Goldcorp in a report on Thursday, November 16th. Desjardins reaffirmed a “hold” rating on shares of Goldcorp in a report on Monday, December 11th. Finally, BMO Capital Markets set a C$16.00 price objective on shares of Goldcorp and gave the stock a “market perform” rating in a report on Wednesday, January 17th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of C$21.26.
Shares of Goldcorp (TSE:G) opened at C$16.17 on Monday. Goldcorp has a one year low of C$15.00 and a one year high of C$23.35. The firm has a market cap of $14,020.00, a PE ratio of 21.28 and a beta of -0.39.
In related news, Director De La Vega Blanca Treviño purchased 7,150 shares of the stock in a transaction that occurred on Friday, November 17th. The stock was acquired at an average price of C$13.45 per share, with a total value of C$96,167.50.
COPYRIGHT VIOLATION WARNING: “Goldcorp Inc. to Post Q4 2017 Earnings of $0.12 Per Share, National Bank Financial Forecasts (TSE:G)” was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this story on another site, it was stolen and reposted in violation of U.S. & international copyright and trademark law. The legal version of this story can be viewed at https://www.dispatchtribunal.com/2018/02/13/national-bank-financial-weighs-in-on-goldcorp-inc-s-q4-2017-earnings-g.html.
Goldcorp Company Profile
Goldcorp Inc is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico, and Central and South America. The Company is engaged in the sale of gold, silver, lead, zinc and copper. The Company’s segments include Red Lake Gold Mines Ontario Partnership (Red Lake), Goldcorp Canada Ltd./Goldcorp Inc (Porcupine), Musselwhite, Les Mines Opinaca Ltee (Eleonore), Minera Penasquito SA de C.V.
Get a free copy of the Zacks research report on Goldcorp (G)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Goldcorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldcorp and related companies with MarketBeat.com's FREE daily email newsletter.