China Resources Power Forecasted to Post FY2017 Earnings of $2.24 Per Share (OTCMKTS:CRPJY)

China Resources Power (OTCMKTS:CRPJY) – Research analysts at Jefferies Group issued their FY2017 EPS estimates for China Resources Power in a research note issued on Wednesday, March 14th, according to Zacks Investment Research. Jefferies Group analyst E. Lee anticipates that the company will post earnings of $2.24 per share for the year. Jefferies Group also issued estimates for China Resources Power’s FY2018 earnings at $3.35 EPS, FY2019 earnings at $3.75 EPS, FY2020 earnings at $3.27 EPS, FY2021 earnings at $3.42 EPS and FY2022 earnings at $3.50 EPS.

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Separately, Zacks Investment Research raised shares of China Resources Power from a “sell” rating to a “hold” rating in a report on Monday, January 1st.

OTCMKTS:CRPJY remained flat at $$25.20 during mid-day trading on Friday. China Resources Power has a 12-month low of $25.20 and a 12-month high of $31.17. The company has a market cap of $8,713.31, a price-to-earnings ratio of 8.10 and a beta of 0.53.

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About China Resources Power

China Resources Power Holdings Company Limited, an investment holding company, engages in investing, developing, operating, and managing power plants and coal mine projects in China. It operates and manages coal-and gas-fired power plants, wind farms, hydro-electric projects, photovoltaic power generation projects, and other clean and renewable energy projects.

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