Blackberry (TSE:BB) price target increased to $10.00, issued a research note today by TD Securities
- Updated: September 29, 2016
Having a price of $10.48, Blackberry (TSE:BB) traded -2.11% lower on the day. With the last stock price up 12.55% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. BB has recorded a 50-day average of $10.16 and a two hundred day average of $9.47. Trade Volume was down over the average, with 816,641 shares of BB changing hands under the typical 1,100,830
TD Securities raised the price target of Blackberry (TSE:BB) to $10.00 stating a potential downside of -0.05%.
On 9/26/2016, RBC Capital Markets released a statement about Blackberry (TSE:BB) upped the target price from $0.00 to $9.00 that suggested a downside of -0.13%.
Recent Performance Chart
Blackberry has with a 52 week low of $7.99 and a 52 week high of $13.12 and has a market capitalization of $0.
In addition to TD Securities reporting its stock price target, a total of 7 brokers have issued a research note on the company. The average stock price target is $8.06 with 0 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 4 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
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).
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