AirBoss of America (TSE:BOS) Price Target Raised to C$7.00

AirBoss of America (TSE:BOS) had its price objective raised by National Bank Financial from C$5.00 to C$7.00 in a note issued to investors on Friday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bank Financial’s price target suggests a potential upside of 5.26% from the company’s previous close.

Separately, TD Securities raised their price objective on shares of AirBoss of America from C$6.00 to C$6.50 and gave the stock a “buy” rating in a research report on Friday, November 7th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of C$6.08.

AirBoss of America Stock Performance

TSE BOS traded up C$0.03 during trading on Friday, reaching C$6.65. 37,525 shares of the company’s stock were exchanged, compared to its average volume of 15,208. AirBoss of America has a fifty-two week low of C$3.34 and a fifty-two week high of C$6.95. The stock has a market capitalization of C$180.54 million, a P/E ratio of -51.15, a PEG ratio of -550.53 and a beta of 1.58. The business has a 50 day moving average price of C$5.05 and a 200-day moving average price of C$4.89. The company has a debt-to-equity ratio of 83.76, a current ratio of 1.83 and a quick ratio of 1.07.

AirBoss of America Company Profile

AirBoss of America Corp is a Canada-based manufacturer of rubber-based products for the resource, military, automotive and industrial markets. It operates in three segments: Rubber Solutions, Engineered Products, and AirBoss Defense Group. The Rubber Solutions segment includes manufacturing and distribution of rubber compounds and distribution of rubber compounding-related chemicals. The Engineered Products segment includes the manufacture and distribution of anti-noise, vibration, and harshness dampening parts.