Positive Report for Yellow Pages (Y) from National Bank


Today, an analyst has provided a rating update for Yellow Pages (Y). The company received a Buy rating from National Bank’s analyst Adam Shine, with a C$8.50 price target.

According to TipRanks.com, Shine is a 4-star analyst with an average return of 7.1% and a 68.2% success rate. Shine covers the Services sector, focusing on stocks such as Thomson Reuters Corp, DHX Media, and Cineplex.

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Currently, the analyst consensus on Yellow Pages is a Moderate Buy with an average price target of C$8.83, implying a 53.8% upside from current levels. In a report released yesterday, Canaccord Genuity also upgraded the stock to Buy with a C$9 price target.

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The company has a one-year high of C$10.73 and a one-year low of C$5.30. Currently, Yellow Pages has an average volume of 49.92K.

Yellow Pages Ltd. engages in the provision of digital advertising and marketing solutions. It operates through the following segments: YP-Digital & Traditional Marketing Solutions, Agency, Real Estate and Others. The company was founded in 1908 and is headquartered in Montreal, Canada.

The company’s shares closed on Thursday at C$5.74, close to its 52-week low of C$5.30.

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