Yellow Pages Receives a Hold from RBC Capital

By Jason Carr

In a new note to investors yesterday, an analyst has provided a rating update for the Services sector company, Yellow Pages (TSX: Y). Analyst Drew Mcreynolds from RBC Capital rated Yellow Pages (TSX: Y) a Hold, setting a C$7 price target.

According to TipRanks.com, Mcreynolds is a 3-star analyst with an average return of 5.1% and a 58.3% success rate. Mcreynolds covers the Services sector, focusing on stocks such as Shaw Communications Inc, Points International, and Thomson Reuters Corp.

Yellow Pages has an analyst consensus of Moderate Buy, with a price target consensus of C$7.33.

Yellow Pages’ market cap is currently C$184.8M and has a P/E ratio of 0.

Yellow Pages Ltd. engages in the provision of digital advertising and marketing solutions. Its operates through Mediative division, which involves in marketing and media services. The company was founded on July 18, 2012 and is headquartered in Montreal, Canada.

The company’s shares closed on Friday at C$6.92, close to its 52-week high of C$22.24.