BlackBerry Ltd (TSE:BB) had its price target upped by Deutsche Bank AG from C$6.50 to C$7.00 in a research note published on Thursday, StockTargetPrices.com reports.
A number of other brokerages have also recently issued reports on BB. Royal Bank Of Canada reissued a sector perform rating and set a C$9.00 price objective on shares of BlackBerry in a report on Monday, September 26th. TD Securities reissued a buy rating and set a C$9.00 price objective on shares of BlackBerry in a report on Monday, August 29th. Finally, CIBC dropped their price objective on BlackBerry from C$7.25 to C$7.00 in a report on Friday, June 24th.
BlackBerry (TSE:BB) opened at 10.28 on Thursday. The firm’s market capitalization is $5.39 billion. The company has a 50 day moving average price of $10.16 and a 200-day moving average price of $9.46. BlackBerry has a 1-year low of $7.99 and a 1-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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