A report released earlier today by TD Securities about Blackberry (TSE:BB) bumps the target price to $9.00
- Updated: September 22, 2016
Yesterday Blackberry (TSE:BB) traded 1.03% higher at $10.32. The company’s 50-day moving average is $10.12 and its two hundred day average is $9.48. With the last stock price close up 8.66% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 571,827 shares of BB traded, down from an avg. volume of 1,143,200
In a report released on 9/22/2016 TD Securities upped the stock price target of Blackberry (TSE:BB) to $9.00 stating a possible downside of -0.13%.
Previously on Monday August 29, 2016, TD Securities released a statement on Blackberry (TSE:BB) upped the target price from $0.00 to $9.00 that suggested a downside of -0.13%.
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With a total market value of $0, Blackberry has 52 week low of $7.99 and a one year high of $13.12 .
Also covering Blackberry's target, a total of 7 analysts have released a report on the stock. The consensus target price is $8.06 with 0 brokers rating the stock a strong buy, two brokerages rating the company a buy, four analysts rating the company a hold, 2 firms rating the stock a underperform, and lastly 0 brokers rating the company a sell.
More About 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).
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