BlackBerry Ltd (TSE:BB)‘s stock had its “sector perform” rating reaffirmed by stock analysts at Royal Bank Of Canada in a research report issued on Monday, StockTargetPrices.com reports. They currently have a C$9.00 price target on the stock. Royal Bank Of Canada’s price target would indicate a potential downside of 13.54% from the company’s current price.
A number of other research firms also recently commented on BB. TD Securities reiterated a “buy” rating and issued a C$9.00 target price on shares of BlackBerry in a report on Monday, August 29th. CIBC dropped their target price on shares of BlackBerry from C$7.25 to C$7.00 in a report on Friday, June 24th.
BlackBerry (TSE:BB) opened at 10.41 on Monday. The firm’s market cap is $5.44 billion. The firm has a 50 day moving average of $10.14 and a 200-day moving average of $9.46. BlackBerry has a one year low of $7.99 and a one year high of $13.12.
BlackBerry Company Profile
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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