Goldcorp Inc. (TSE:G) (NYSE:GG) – Research analysts at Desjardins boosted their FY2017 EPS estimates for shares of Goldcorp in a research report issued on Monday. Desjardins analyst J. Wolfson now expects that the company will earn $0.65 per share for the year, up from their previous forecast of $0.64. Desjardins has a “Hold” rating on the stock. Desjardins also issued estimates for Goldcorp’s Q1 2018 earnings at $0.11 EPS, Q2 2018 earnings at $0.11 EPS, Q3 2018 earnings at $0.10 EPS, Q4 2018 earnings at $0.12 EPS, FY2018 earnings at $0.44 EPS, Q1 2019 earnings at $0.21 EPS, Q2 2019 earnings at $0.22 EPS, Q3 2019 earnings at $0.22 EPS and Q4 2019 earnings at $0.22 EPS.
A number of other analysts have also issued reports on G. National Bank Financial upgraded shares of Goldcorp from a “sector perform” rating to an “outperform” rating and set a C$24.00 price target on the stock in a research note on Thursday, October 26th. Canaccord Genuity boosted their price target on shares of Goldcorp from C$21.00 to C$21.50 in a research note on Thursday, October 26th. Scotiabank cut their price target on shares of Goldcorp to C$22.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 31st. Royal Bank of Canada upgraded shares of Goldcorp from a “sector perform” rating to an “outperform” rating and boosted their price target for the stock from C$15.00 to C$18.00 in a research note on Wednesday, November 1st. Finally, JPMorgan Chase & Co. boosted their price objective on Goldcorp from C$21.00 to C$23.60 in a research report on Wednesday, November 15th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of C$21.26.
In related news, Director De La Vega Blanca Treviño acquired 7,150 shares of the stock in a transaction dated Friday, November 17th. The stock was acquired at an average cost of C$13.45 per share, with a total value of C$96,167.50.
ILLEGAL ACTIVITY NOTICE: “FY2017 EPS Estimates for Goldcorp Inc. Raised by Desjardins (G)” was first reported by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this piece of content can be read at https://sportsperspectives.com/2018/02/02/fy2017-eps-estimates-for-goldcorp-inc-raised-by-desjardins-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.
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.