Desjardins Equities Analysts Raise Earnings Estimates for Sprott Inc. (SII)
Sprott Inc. (TSE:SII) – Equities researchers at Desjardins increased their FY2017 earnings estimates for shares of Sprott in a research note issued on Tuesday. Desjardins analyst G. Ho now anticipates that the company will earn $0.08 per share for the year, up from their prior forecast of $0.07.
Separately, TD Securities dropped their target price on shares of Sprott from C$2.75 to C$2.50 and set a “hold” rating on the stock in a research report on Monday, August 14th. Seven research analysts have rated the stock with a hold rating, Sprott has a consensus rating of “Hold” and an average target price of C$2.54.
Sprott Inc is an alternative asset management company. The Company has five segments: Sprott Asset Management LP (SAM), Global Companies, Sprott Resource Lending Corp. (SRLC), Consulting, and Corporate & Other. The SAM segment offers discretionary portfolio management, as well as asset management services to its branded Funds and Managed Accounts.
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