Baylin Technologies (TSE:BYL) had its price objective boosted by research analysts at Raymond James Financial from C$4.25 to C$5.50 in a report issued on Thursday. The brokerage currently has an “outperform” rating on the stock. Raymond James Financial’s price target would suggest a potential upside of 61.76% from the company’s previous close.

Baylin Technologies (TSE:BYL) traded up C$0.10 during trading hours on Thursday, hitting C$3.40. 58,763 shares of the stock traded hands, compared to its average volume of 35,306. Baylin Technologies has a one year low of C$1.87 and a one year high of C$3.70. The company has a market cap of $106.35, a price-to-earnings ratio of -12.14 and a beta of -0.16.

Baylin Technologies (TSE:BYL) last announced its earnings results on Wednesday, November 1st. The company reported C$0.04 EPS for the quarter. Baylin Technologies had a negative net margin of 15.75% and a negative return on equity of 33.26%.

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About Baylin Technologies

Baylin Technologies Inc is a provider of wireless antenna solutions. The Company is engaged in designing, manufacturing and supplying antennas. The Company and its subsidiaries operate in the field of research, development, manufacture and sales of a range of antennas and communications solutions for the mobile, networking and wireless infrastructure markets, primarily in the Far East and North America.

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