BlackBerry Ltd (BB) Price Target Raised to C$7.00 at Deutsche Bank AG
BlackBerry Ltd (TSE:BB) had its price objective lifted by Deutsche Bank AG from C$6.50 to C$7.00 in a report released on Thursday, StockTargetPrices.com reports.
A number of other research firms also recently weighed in on BB. TD Securities reissued a buy rating and set a C$9.00 target price on shares of BlackBerry in a research report on Thursday, September 22nd. CIBC decreased their target price on shares of BlackBerry from C$7.25 to C$7.00 in a research report on Friday, June 24th. Finally, Royal Bank Of Canada reissued a sector perform rating and set a C$9.00 target price on shares of BlackBerry in a research report on Monday, September 26th.
Shares of BlackBerry (TSE:BB) opened at 10.11 on Thursday. BlackBerry has a 12 month low of $7.99 and a 12 month high of $13.12. The stock has a 50 day moving average of $10.15 and a 200-day moving average of $9.46. The company’s market cap is $5.30 billion.
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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