Analysts Offer Predictions for Lxrandco Inc’s FY2019 Earnings (LXR)

Lxrandco Inc (TSE:LXR) – Equities researchers at Cormark decreased their FY2019 earnings per share (EPS) estimates for Lxrandco in a research note issued to investors on Friday. Cormark analyst M. Macdougall now anticipates that the company will post earnings of $0.53 per share for the year, down from their previous forecast of $0.64.

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Separately, Canaccord Genuity cut their target price on Lxrandco from C$12.00 to C$9.00 and set a “buy” rating on the stock in a research report on Thursday.

Shares of Lxrandco (TSE:LXR) opened at C$3.05 on Monday. The stock has a market capitalization of $72.10 and a P/E ratio of -0.99. Lxrandco has a 12-month low of C$2.92 and a 12-month high of C$9.90.

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