AirBoss of America (TSE:BOS – Get Rating) had its target price cut by stock analysts at Pi Financial to C$34.00 in a note issued to investors on Friday, Stock Target Advisor reports. The brokerage currently has a “na” rating on the stock. Pi Financial’s price target would suggest a potential upside of 114.24% from the stock’s previous close.
A number of other equities analysts have also recently issued reports on the stock. National Bankshares assumed coverage on shares of AirBoss of America in a research note on Friday, June 10th. They issued a “buy” rating and a C$38.00 price objective on the stock. Canaccord Genuity Group reduced their price target on shares of AirBoss of America from C$51.00 to C$35.50 in a research report on Friday, May 13th. TD Securities reduced their price target on shares of AirBoss of America from C$51.00 to C$40.00 and set a “buy” rating on the stock in a research report on Friday, May 13th. Cormark reduced their price target on shares of AirBoss of America from C$54.00 to C$51.00 in a research report on Thursday, March 10th. Finally, CIBC reduced their price target on shares of AirBoss of America from C$37.00 to C$32.00 in a research report on Friday, June 3rd. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, AirBoss of America presently has an average rating of “Buy” and a consensus price target of C$40.36.
BOS stock traded up C$0.77 during midday trading on Friday, reaching C$15.87. The company’s stock had a trading volume of 266,500 shares, compared to its average volume of 102,121. AirBoss of America has a 52 week low of C$14.96 and a 52 week high of C$47.00. The stock has a market cap of C$429.95 million and a PE ratio of 7.16. The company has a quick ratio of 1.25, a current ratio of 2.45 and a debt-to-equity ratio of 51.39. The business’s 50-day simple moving average is C$24.18 and its 200-day simple moving average is C$33.49.
In related news, Director Peter Grenville Schoch bought 13,000 shares of AirBoss of America stock in a transaction that occurred on Thursday, June 16th. The stock was acquired at an average price of C$15.60 per share, with a total value of C$202,800.00. Following the acquisition, the director now owns 4,817,077 shares of the company’s stock, valued at approximately C$75,146,401.20.
AirBoss of America Company Profile (Get Rating)
AirBoss of America Corp., together with its subsidiaries, develops, manufactures, and markets rubber-based products for automotive, heavy commercial, construction and infrastructure, oil and gas, and defense industries in Canada, the United States, and internationally. It operates through three segments: AirBoss Defense Group, Rubber Solutions, and Engineered Products.
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