AirBoss of America (TSE:BOS) Price Target Raised to C$8.00

AirBoss of America (TSE:BOS) had its price objective upped by research analysts at TD Securities from C$6.50 to C$8.00 in a research note issued on Wednesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ price objective indicates a potential upside of 17.47% from the stock’s previous close.

Separately, National Bank Financial raised their target price on AirBoss of America from C$5.00 to C$7.00 and gave the stock a “sector perform” rating in a research note on Friday, March 6th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, AirBoss of America currently has an average rating of “Moderate Buy” and an average target price of C$7.50.

AirBoss of America Stock Performance

BOS stock traded up C$0.18 during midday trading on Wednesday, reaching C$6.81. 47,608 shares of the company’s stock traded hands, compared to its average volume of 15,547. The firm has a market capitalization of C$184.88 million, a PE ratio of -21.28, a price-to-earnings-growth ratio of -550.53 and a beta of 1.58. The company has a 50-day moving average price of C$5.52 and a two-hundred day moving average price of C$5.01. AirBoss of America has a 52 week low of C$3.34 and a 52 week high of C$7.00. The company has a debt-to-equity ratio of 72.38, a quick ratio of 1.07 and a current ratio of 1.64.

AirBoss of America (TSE:BOS) last posted its quarterly earnings results on Friday, March 20th. The company reported C$0.01 EPS for the quarter. The firm had revenue of C$139.50 million during the quarter. AirBoss of America had a negative return on equity of 7.11% and a negative net margin of 2.09%. As a group, equities analysts anticipate 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.