National Bank Financial Increases Yellow Pages (TSE:Y) Price Target to C$11.50

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Yellow Pages (TSE:Y) had its price objective lifted by equities research analysts at National Bank Financial from C$10.00 to C$11.50 in a report issued on Wednesday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bank Financial’s target price indicates a potential upside of 25.82% from the stock’s previous close.

Separately, TD Securities raised their target price on Yellow Pages from C$9.00 to C$9.50 and gave the company a “hold” rating in a research note on Thursday, August 15th.

TSE:Y traded up C$0.14 during mid-day trading on Wednesday, hitting C$9.14. The company had a trading volume of 16,235 shares, compared to its average volume of 12,319. The business has a fifty day simple moving average of C$8.69 and a 200-day simple moving average of C$8.06. Yellow Pages has a 1 year low of C$5.30 and a 1 year high of C$9.43. The firm has a market capitalization of $260.54 million and a price-to-earnings ratio of 3.03.

Yellow Pages (TSE:Y) last released its quarterly earnings data on Wednesday, August 14th. The company reported C$0.51 EPS for the quarter. The company had revenue of C$106.77 million during the quarter. As a group, sell-side analysts forecast that Yellow Pages will post 1.3899999 EPS for the current year.

Yellow Pages Company Profile

Yellow Pages Limited operates as a digital media and marketing solutions company. It offers a suite of apps, Websites, and print media to suit the search preferences of Canadians. The company provides digital and traditional marketing solutions, including online and mobile priority placement on Yellow Pages owned and operated media, content syndication, search engine solutions, Website fulfillment, social media campaign management and digital display advertising, video production, and print advertising to small and medium-sized businesses.

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