Maxar Technologies Ltd (MAXR) Receives Consensus Rating of “Buy” from Brokerages

Maxar Technologies Ltd (TSE:MAXR) has been assigned a consensus rating of “Buy” from the eight brokerages that are covering the company, 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 twelve-month price target among brokerages that have issued a report on the stock in the last year is C$90.00.

Several research analysts have recently weighed in on MAXR shares. TD Securities boosted their price target on Maxar Technologies from C$84.00 to C$87.00 in a research note on Tuesday, October 10th. Scotiabank cut Maxar Technologies from an “outperform” rating to a “sector perform” rating and set a C$77.00 price target for the company. in a research note on Friday, November 3rd. CIBC boosted their price target on Maxar Technologies from C$83.00 to C$90.00 in a research note on Friday, October 6th. National Bank Financial upped their price objective on Maxar Technologies from C$73.00 to C$90.00 and gave the company a “sector perform” rating in a research report on Thursday, October 26th. Finally, Canaccord Genuity upped their price objective on Maxar Technologies from C$80.00 to C$90.00 in a research report on Friday, November 3rd.

Maxar Technologies (TSE:MAXR) opened at C$78.60 on Friday. Maxar Technologies has a one year low of C$70.13 and a one year high of C$86.67. The firm has a market capitalization of $4,420.00, a price-to-earnings ratio of 37.08 and a beta of 0.32.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 15th were given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date of this dividend was Thursday, December 14th. Maxar Technologies’s dividend payout ratio (DPR) is presently 69.81%.

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Maxar Technologies Company Profile

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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