Rocky Mountain Dealerships Inc. (TSE:RME) – Research analysts at National Bank Financial increased their FY2018 earnings per share (EPS) estimates for Rocky Mountain Dealerships in a report released on Sunday. National Bank Financial analyst G. Colman now forecasts that the company will post earnings per share of $1.39 for the year, up from their prior estimate of $1.15. National Bank Financial currently has a “Outperform” rating and a $15.00 price target on the stock.
Several other equities research analysts have also recently commented on RME. CIBC boosted their price target on shares of Rocky Mountain Dealerships from C$12.00 to C$13.00 in a research report on Thursday, August 10th. TD Securities lifted their price target on Rocky Mountain Dealerships from C$11.50 to C$13.00 and gave the stock a “buy” rating in a research note on Thursday, August 10th. Finally, Raymond James Financial lifted 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.
Shares of Rocky Mountain Dealerships (TSE:RME) traded down C$0.01 during trading on Wednesday, reaching C$13.59. 46,634 shares of the company’s stock traded hands, compared to its average volume of 25,957. Rocky Mountain Dealerships has a 12-month low of C$8.83 and a 12-month high of C$13.65.
In related news, Director Garrett Andrew Wyatt Ganden sold 50,000 shares of Rocky Mountain Dealerships stock in a transaction dated Monday, December 4th. The stock was sold at an average price of C$13.60, for a total value of C$680,000.00. Also, insider Jerald Palmer sold 15,000 shares of Rocky Mountain Dealerships stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of C$12.38, for a total value of C$185,700.00. Insiders sold a total of 125,000 shares of company stock worth $1,643,150 in the last three months.
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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.
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