TD Securities Boosts AirBoss of America (TSE:BOS) Price Target to C$8.00

AirBoss of America (TSE:BOS) had its price objective hoisted by investment analysts at TD Securities from C$6.50 to C$8.00 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. TD Securities’ target price would suggest a potential upside of 11.27% from the stock’s current price.

Separately, National Bank Financial lifted their price objective on AirBoss of America from C$5.00 to C$7.00 and gave the company a “sector perform” rating in a report on Friday, March 6th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of C$7.50.

AirBoss of America Stock Performance

Shares of AirBoss of America stock opened at C$7.19 on Wednesday. The company has a market capitalization of C$195.20 million, a PE ratio of -22.47, a PEG ratio of -550.53 and a beta of 1.58. AirBoss of America has a 12 month low of C$3.34 and a 12 month high of C$7.19. The company has a current ratio of 1.64, a quick ratio of 1.07 and a debt-to-equity ratio of 72.38. The stock’s fifty day simple moving average is C$5.62 and its 200 day simple moving average is C$5.03.

AirBoss of America (TSE:BOS) last posted its earnings results on Friday, March 20th. The company reported C$0.01 earnings per share (EPS) for the quarter. AirBoss of America had a negative return on equity of 7.11% and a negative net margin of 2.09%.The firm had revenue of C$139.50 million during the quarter. On average, research analysts predict that AirBoss of America will post 0.1012935 EPS for the current year.

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.