Maxar Technologies Ltd (MAXR) Given Average Rating of “Buy” by Brokerages

Maxar Technologies Ltd (TSE:MAXR) has been given an average rating of “Buy” by the eight brokerages that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$90.00.

Several brokerages have recently issued reports on MAXR. TD Securities raised their price target on Maxar Technologies from C$87.00 to C$93.00 and gave the company a “buy” rating in a research report on Friday, November 3rd. Canaccord Genuity boosted their price target on shares of Maxar Technologies from C$80.00 to C$90.00 in a research report on Friday, November 3rd. CIBC upped their price target on shares of Maxar Technologies from C$83.00 to C$90.00 in a research report on Friday, October 6th. BMO Capital Markets increased their price objective on shares of Maxar Technologies from C$81.00 to C$89.00 in a research report on Friday, November 3rd. Finally, Scotiabank downgraded shares of Maxar Technologies from an “outperform” rating to a “sector perform” rating and set a C$77.00 price objective for the company. in a report on Friday, November 3rd.

Shares of Maxar Technologies (MAXR) opened at C$81.26 on Friday. Maxar Technologies has a 52 week low of C$70.13 and a 52 week high of C$81.97.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date of this dividend is Thursday, December 14th. Maxar Technologies’s dividend payout ratio is 69.81%.

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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.

Analyst Recommendations for Maxar Technologies (TSE:MAXR)

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