In a report released on 06/26/2017 TD Securities bumped up the target of Blackberry (TSE:BB) to $15.25 reporting a potential upside of 0.12%.
Previously on Wednesday June 21, 2017, RBC Capital Markets reported about Blackberry (TSE:BB) bumped up the target price from $0.00 to $12.50 that indicated a possible downside of -0.11%.
Just yesterday Blackberry (TSE:BB) traded -1.99% lower at $13.58. Blackberry’s 50-day moving average is $11.71 and its 200-day moving average is $11.90. With the last close up -4.74% relative to the two hundred day average, compared with the S&P 500 which has increased 0.04% over the same time. 1,679,324 shares of Blackberry exchanged hands, down from an avg. volume of 1,858,800
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Blackberry has a PE ratio of 46.67 with a one year low of $8.98 and a one year high of $15.82 BB’s total market value is presently $0.
A total of 7 firms have reported on the stock. 0 brokerages rating the stock a strong buy, 2 brokers rating the stock a buy, 4 brokers rating the stock a hold, one analyst rating the company a underperform, and finally zero brokerages rating the stock a sell with a average stock price target of $8.29.
Brief Synopsis On Blackberry (TSE:BB)
BlackBerry Limited (BlackBerry) provides mobile communications solutions. The Company is engaged in the sale of smartphones and enterprise software and services. The Company's products and services include Enterprise Solutions and Services, Devices, BlackBerry Technology Solutions and Messaging. It is engaged in providing enterprise mobility management (EMM) and mobile security, and offers a portfolio of enterprise software solutions and services that can be deployed across a range of ecosystems and devices, including BlackBerry Enterprise Service (BES) 12 and Good Platforms, BES12 Cloud, enterprise file-sync-and-share (EFSS), SecuSUITE for Enterprise, Enhanced subscriber identity module (SIM)-Based Licensing (ESBL), WorkLife by BlackBerry solution and Professional Cybersecurity Services. The BlackBerry Technology Solutions business unit consists of five units: QNX, Certicom, Paratek, the BlackBerry IoT Platform and Intellectual Property and Patent Licensing (IPPL).
The post Blackberry (TSE:BB) target price raised to $15.25, reported today by TD Securities appeared first on Octafinance.