Royal Bank of Canada Lowers Yellow Pages (TSE:Y) Price Targ…

Yellow Pages (TSE:Y) had its price objective lowered by research analysts at Royal Bank of Canada from C$10.00 to C$9.00 in a research report issued on Thursday, February 14th. The firm currently has a “sector perform” rating on the stock. Royal Bank of Canada’s price target indicates a potential upside of 50.50% from the stock’s previous close.

A number of other equities analysts have also recently issued reports on Y. National Bank Financial raised shares of Yellow Pages from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from C$8.00 to C$8.50 in a research report on Thursday, February 14th. TD Securities cut their price objective on shares of Yellow Pages from C$9.50 to C$8.00 and set a “hold” rating on the stock in a research report on Thursday, February 14th.

Shares of TSE:Y opened at C$5.98 on Thursday. The firm has a market cap of $166.77 million and a PE ratio of 2.15. Yellow Pages has a 52-week low of C$5.30 and a 52-week high of C$10.73.

About Yellow Pages

Yellow Pages Limited operates as a digital media and marketing solutions company in Canada. It operates through four segments: YP, Agency, Real Estate, and Other. The YP segment provides digital and traditional marketing products, such as online and mobile priority placement, content syndication, search engine solutions, Website fulfillment, social media campaign management, digital display advertising, video production, and print advertising to small and medium-sized enterprises.

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