Rocky Mountain Dealerships Inc. (TSE:RME) – Investment analysts at National Bank Financial reduced their Q4 2017 EPS estimates for shares of Rocky Mountain Dealerships in a note issued to investors on Sunday. National Bank Financial analyst G. Colman now anticipates that the company will earn $0.34 per share for the quarter, down from their prior estimate of $0.35. National Bank Financial has a “Outperform” rating and a $15.00 price target on the stock.
RME has been the topic of a number of other research reports. TD Securities raised their price target on Rocky Mountain Dealerships from C$13.00 to C$13.50 and gave the stock a “buy” rating in a research note on Thursday, November 9th. CIBC raised their price target on Rocky Mountain Dealerships from C$12.00 to C$13.00 in a research note on Thursday, August 10th. Finally, Raymond James Financial raised their price target on Rocky Mountain Dealerships from C$13.00 to C$14.50 and gave the stock an “outperform” rating in a research note on Thursday, November 9th.
In other Rocky Mountain Dealerships news, insider Jerald Palmer sold 15,000 shares of Rocky Mountain Dealerships stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of C$12.38, for a total value of C$185,700.00. Also, Director Garrett Andrew Wyatt Ganden sold 30,000 shares of Rocky Mountain Dealerships stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of C$12.70, for a total value of C$381,000.00. Insiders sold a total of 125,000 shares of company stock worth $1,643,150 over the last quarter.
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About Rocky Mountain Dealerships
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.
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