AirBoss of America Corp (TSE:BOS) Lowered to “Hold” at TD Securities

AirBoss of America Corp (TSE:BOS) was downgraded by TD Securities from a “buy” rating to a “hold” rating in a report released on Thursday. They currently have a C$15.00 target price on the stock. TD Securities’ price objective points to a potential upside of 13.04% from the company’s previous close.

AirBoss of America Corp (TSE:BOS) traded down 4.67% during midday trading on Thursday, hitting $12.65. The stock had a trading volume of 18,235 shares. The stock has a market cap of $287.33 million and a PE ratio of 28.11. AirBoss of America Corp has a 52-week low of $9.62 and a 52-week high of $14.01. The company’s 50 day moving average price is $13.19 and its 200-day moving average price is $12.75.

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About AirBoss of America Corp

AirBoss of America Corp. is engaged in the manufacture of rubber-based products for resource, military, automotive and industrial markets. It operates in three segments: Rubber Compounding, Engineered Products and Automotive. The Company, through its AirBoss Rubber Compounding division, is engaged in custom rubber compounding, supplying mixed rubber for use in mining, transportation, industrial rubber products, military, automotive, conveyor belting, and other products, mainly in North America.

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