Bauer Performance Sports Ltd Coverage Initiated at Imperial Capital (BAU)
Imperial Capital assumed coverage on shares of Bauer Performance Sports Ltd (TSE:BAU) in a research note issued on Monday, ARN reports. The firm set an “in-line” rating and a C$13.50 price target on the stock. Imperial Capital’s target price suggests a potential upside of 12.31% from the stock’s previous close.
Shares of Bauer Performance Sports Ltd (TSE:BAU) traded up 0.50% during mid-day trading on Monday, hitting $12.02. The stock had a trading volume of 36,276 shares. Bauer Performance Sports Ltd has a one year low of $9.85 and a one year high of $12.85. The stock’s 50-day moving average is $11.86 and its 200-day moving average is $11.65. The company has a price-to-earnings ratio of 16.16.
Other equities research analysts have also recently issued reports about the stock. Analysts at Cormark upgraded shares of Bauer Performance Sports Ltd (TSE:BAU) from a “market perform” rating to a “buy” rating in a research note to investors on Friday, August 9th. Analysts at Scotiabank raised their price target on shares of Bauer Performance Sports Ltd (TSE:BAU) from C$11.50 to C$13.50 in a research note to investors on Friday, August 9th. They now have a “sector perform” rating on the stock.
Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of C$13.33.
Bauer Performance Sports Ltd. (TSE:BAU), formerly 0896936 B.
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