Rocky Mountain Dealerships Inc. (TSE:RME) – Investment analysts at National Bank Financial raised their FY2018 earnings per share estimates for shares of Rocky Mountain Dealerships in a research report issued to clients and investors on Sunday, Zacks Investment Research reports. National Bank Financial analyst G. Colman now anticipates that the company will post earnings per share of $1.39 for the year, up from their previous forecast of $1.15. National Bank Financial currently has a “Outperform” rating and a $15.00 target price on the stock.
Several other research firms have also recently weighed in on RME. TD Securities raised their price objective on shares of Rocky Mountain Dealerships from C$13.00 to C$13.50 and gave the company a “buy” rating in a research report on Thursday, November 9th. Raymond James Financial raised their price objective on shares of Rocky Mountain Dealerships from C$13.00 to C$14.50 and gave the company an “outperform” rating in a research report on Thursday, November 9th.
Rocky Mountain Dealerships (RME) traded down C$0.11 during trading on Wednesday, hitting C$13.54. 4,614 shares of the stock traded hands, compared to its average volume of 26,289. Rocky Mountain Dealerships has a 12-month low of C$9.18 and a 12-month high of C$13.97.
In other news, Director Garrett Andrew Wyatt Ganden sold 50,000 shares of Rocky Mountain Dealerships stock in a transaction dated Monday, December 4th. The shares were sold at an average price of C$13.60, for a total transaction 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 transaction of C$185,700.00. Insiders sold 125,000 shares of company stock worth $1,643,150 in the last 90 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.
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