National Bank Financial Weighs in on Alamos Gold Inc’s FY2018 Earnings (AGI)

Alamos Gold Inc (TSE:AGI) (NYSE:AGI) – Analysts at National Bank Financial boosted their FY2018 earnings per share (EPS) estimates for shares of Alamos Gold in a research report issued to clients and investors on Wednesday, Zacks Investment Research reports. National Bank Financial analyst M. Parkin now anticipates that the company will earn $0.22 per share for the year, up from their prior forecast of $0.20.

AGI has been the subject of a number of other research reports. Scotiabank cut their target price on shares of Alamos Gold to C$11.50 and set a “sector perform” rating for the company in a research report on Monday, December 18th. Canaccord Genuity lifted their price target on shares of Alamos Gold from C$13.00 to C$13.50 in a report on Friday, January 19th. CIBC lowered their price target on shares of Alamos Gold from C$13.50 to C$12.00 in a report on Thursday, December 14th. Desjardins reiterated a “hold” rating on shares of Alamos Gold in a report on Monday, December 11th. Finally, BMO Capital Markets lowered their price target on shares of Alamos Gold from C$14.00 to C$11.50 in a report on Friday, November 24th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Alamos Gold currently has a consensus rating of “Buy” and an average price target of C$12.13.

Alamos Gold (TSE:AGI) opened at C$6.79 on Monday. The stock has a market cap of $2,640.00 and a PE ratio of 226.33. Alamos Gold has a 52-week low of C$6.33 and a 52-week high of C$11.36.

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About Alamos Gold

Alamos Gold Inc is a Canada-based company, which is engaged in the acquisition, exploration, development and extraction of precious metals. The Company’s segments include Young-Davidson, Mulatos, El Chanate and Corporate/other. Its Corporate and other segment consists of exploration and development projects.

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Earnings History and Estimates for Alamos Gold (TSE:AGI)

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