BlackBerry Ltd (TSE:BB) had its price target lifted by analysts at Deutsche Bank AG from C$6.50 to C$7.00 in a report issued on Thursday, StockTargetPrices.com reports. Deutsche Bank AG’s price target suggests a potential downside of 33.08% from the company’s previous close.
BB has been the subject of several other reports. TD Securities reissued a “buy” rating and issued a C$9.00 price objective on shares of BlackBerry in a research report on Thursday, September 22nd. CIBC lowered their price objective on shares of BlackBerry from C$7.25 to C$7.00 in a research report on Friday, June 24th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a C$9.00 price objective on shares of BlackBerry in a research report on Monday, September 26th.
Shares of BlackBerry (TSE:BB) opened at 10.46 on Thursday. The company’s 50 day moving average is $10.17 and its 200 day moving average is $9.48. BlackBerry has a 12 month low of $7.99 and a 12 month high of $13.12. The company’s market cap is $5.47 billion.
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.
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