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Biotech / Medical : ProMetic Life Sciences

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From: axial4/13/2016 6:19:13 PM
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Equities Analysts Offer Predictions for ProMetic Life Sciences Inc.’s Q1 2016 Earnings (PLI)

April 4th, 2016

'ProMetic Life Sciences Inc. (TSE:PLI) – Stock analysts at Scotiabank issued their Q1 2016 earnings estimates for shares of ProMetic Life Sciences in a research note issued on Thursday, Zacks Investment Research reports. Scotiabank analyst A. Ridgeway expects that the firm will post earnings of ($0.03) per share for the quarter. Scotiabank also issued estimates for ProMetic Life Sciences’ Q2 2016 earnings at ($0.03) EPS, Q3 2016 earnings at ($0.03) EPS and Q4 2016 earnings at ($0.03) EPS.

A number of other analysts also recently issued reports on the stock. Paradigm Capital increased their price target on shares of ProMetic Life Sciences from C$2.90 to C$3.30 and gave the stock a “buy” rating in a report on Monday, March 28th. CIBC began coverage on ProMetic Life Sciences in a research report on Monday, March 21st. They set a “sector outperformer” rating and a C$5.00 target price on the stock. RBC Capital restated an “outperform” rating and issued a C$4.50 price target on shares of ProMetic Life Sciences in a research note on Tuesday, December 8th. Finally, Panmure Gordon upped their price target on ProMetic Life Sciences to C$6.70 and gave the stock a “buy” rating in a report on Friday, January 29th. Six analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and a consensus target price of C$4.83.'

Jim
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