FY2018 EPS Estimates for Rocky Mountain Dealerships Inc. Raised by National Bank Financial (RME)

Rocky Mountain Dealerships Inc. (TSE:RME) – Research analysts at National Bank Financial upped their FY2018 earnings per share estimates for Rocky Mountain Dealerships in a report released on Sunday. National Bank Financial analyst G. Colman now anticipates that the company will earn $1.39 per share for the year, up from their previous forecast of $1.15. National Bank Financial has a “Outperform” rating and a $15.00 price objective on the stock.

A number of other analysts have also issued reports on RME. CIBC increased their target price on Rocky Mountain Dealerships from C$12.00 to C$13.00 in a report on Thursday, August 10th. TD Securities increased their target price on Rocky Mountain Dealerships from C$11.50 to C$13.00 and gave the company a “buy” rating in a report on Thursday, August 10th. Finally, Raymond James Financial increased their target price on Rocky Mountain Dealerships from C$13.00 to C$14.50 and gave the company an “outperform” rating in a report on Thursday, November 9th.

Rocky Mountain Dealerships (TSE RME) traded down C$0.02 on Wednesday, hitting C$13.57. The stock had a trading volume of 81,084 shares, compared to its average volume of 26,192. Rocky Mountain Dealerships has a one year low of C$9.18 and a one year high of C$13.65.

In other news, insider Jerald Palmer sold 15,000 shares of the company’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of C$13.60, for a total value of C$204,000.00. Also, Director Garrett Andrew Wyatt Ganden sold 50,000 shares of the company’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of C$13.60, for a total transaction of C$680,000.00. Insiders sold 125,000 shares of company stock worth $1,643,150 over the last ninety days.

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Rocky Mountain Dealerships Company Profile

Rocky Mountain Dealerships Inc is an agriculture equipment dealer with a network of full-service agriculture and industrial equipment stores across the Canadian Prairie Provinces. The Company operates in two segments: agriculture segment and industrial segment. The agriculture segment primarily includes sales of agricultural equipment, parts and services, and the industrial segment includes sales of industrial equipment, parts and services.

Earnings History and Estimates for Rocky Mountain Dealerships (TSE:RME)

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