Maxar Technologies (NYSE:MAXR) had its price objective dropped by stock analysts at National Bank Financial from $70.85 to $60.00 in a research report issued to clients and investors on Monday. The brokerage presently has a “sector perform” rating on the stock. National Bank Financial’s price target points to a potential upside of 29.51% from the company’s current price.
Several other research analysts have also issued reports on MAXR. Zacks Investment Research lowered shares of Maxar Technologies from a “hold” rating to a “sell” rating in a research report on Thursday, February 15th. Scotiabank upgraded shares of Maxar Technologies from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, February 20th. Canaccord Genuity restated a “buy” rating and issued a $70.00 price target on shares of Maxar Technologies in a research report on Friday. Finally, Royal Bank of Canada lowered their price objective on shares of Maxar Technologies from $74.00 to $72.00 and set an “outperform” rating on the stock in a research report on Friday. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. Maxar Technologies has an average rating of “Hold” and an average target price of $67.33.
Maxar Technologies (NYSE MAXR) traded down $4.79 during trading on Monday, reaching $46.33. 424,326 shares of the company’s stock traded hands, compared to its average volume of 191,371. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.93 and a current ratio of 1.10. The firm has a market capitalization of $2,869.21 and a price-to-earnings ratio of 24.91. Maxar Technologies has a 12-month low of $45.15 and a 12-month high of $67.30.
About Maxar Technologies
Maxar Technologies Ltd., a communications and information company, provides operational solutions to commercial and government organizations worldwide. The company operates in two segments, Communications, and Surveillance and Intelligence. The Communications segment offers solutions for the delivery of a range of services, including television and radio distribution, broadband Internet, and mobile communications.
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