AirBoss of America Corp’s (BOS) Neutral Rating Reiterated at CIBC

AirBoss of America Corp (TSE:BOS)‘s stock had its “neutral” rating reaffirmed by research analysts at CIBC in a note issued to investors on Tuesday. They presently have a C$13.00 price target on the stock. CIBC’s price target indicates a potential upside of 11.40% from the company’s previous close.

Separately, TD Securities cut shares of AirBoss of America Corp from a “buy” rating to a “hold” rating and set a C$15.00 target price on the stock. in a report on Thursday, August 10th.

AirBoss of America Corp (BOS) traded up 0.69% during trading on Tuesday, reaching $11.75. The company had a trading volume of 18,712 shares. The firm has a market capitalization of $271.28 million and a PE ratio of 25.66. The firm’s 50 day moving average price is $11.78 and its 200 day moving average price is $12.40. AirBoss of America Corp has a 12-month low of $9.62 and a 12-month high of $14.00.

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In related news, insider James Gordon Flatt bought 170,100 shares of the company’s stock in a transaction that occurred on Thursday, September 14th. The shares were bought at an average price of C$12.00 per share, for a total transaction of C$2,041,200.00.

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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