Maxar Technologies (TSE:MAXR) PT Lowered to C$59.00 at TD Securities


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Maxar Technologies (TSE:MAXR) had its price objective lowered by equities researchers at TD Securities to C$59.00 in a research note issued on Tuesday, Stock Target Advisor reports. The firm presently has a “buy” rating on the stock. TD Securities’ price objective would indicate a potential upside of 63.71% from the stock’s previous close.

MAXR has been the subject of several other research reports. Raymond James boosted their target price on shares of Maxar Technologies to C$50.00 and gave the company a “market perform” rating in a research note on Monday, March 1st. National Bank Financial reduced their price target on shares of Maxar Technologies from C$56.00 to C$52.00 and set a “sector perform” rating for the company in a report on Friday, February 26th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a C$51.00 price target on shares of Maxar Technologies in a report on Monday, January 4th.

Shares of TSE:MAXR traded down C$12.14 during midday trading on Tuesday, reaching C$36.04. The company had a trading volume of 963,796 shares, compared to its average volume of 180,307. The company has a debt-to-equity ratio of 286.85, a current ratio of 0.71 and a quick ratio of 0.53. The stock’s fifty day moving average price is C$48.23 and its 200-day moving average price is C$48.17. The stock has a market capitalization of C$2.58 billion and a P/E ratio of 5.82. Maxar Technologies has a one year low of C$12.22 and a one year high of C$74.44.

About Maxar Technologies

Maxar Technologies Inc provides earth intelligence and space infrastructure solutions in the United States, Asia, South America, Europe, the Middle East, Australia, Canada, and internationally. It operates through Earth Intelligence and Space Infrastructure segments. The Earth Intelligence segment offers earth imagery products, including orthorectified imagery, imagery basemap, 3D and elevation, and information products; and SecureWatch, a subscription offering that provides online access to imagery and geospatial intelligence platform.

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