155675 (BLD.TO) (TSE:BLD) Rating Increased to Strong-Buy at HSBC

155675 (BLD.TO) (TSE:BLD) (NASDAQ:BLDP) was upgraded by analysts at HSBC from a “hold” rating to a “strong-buy” rating in a report issued on Monday,Zacks.com reports.

Separately, Lake Street Capital raised 155675 (BLD.TO) from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. Two equities research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, 155675 (BLD.TO) presently has a consensus rating of “Buy”.

155675 (BLD.TO) Stock Performance

155675 has a 12 month low of C$49.61 and a 12 month high of C$2.32.

155675 (BLD.TO) Company Profile

Ballard Power Systems Inc is engaged in the design, development, manufacture, sale and service of proton exchange membrane (PEM) fuel cell products for a range of applications, focusing on the power product markets of heavy-duty motive (consisting of bus and tram applications), portable power, material handling and backup power, as well as the delivery of technology solutions, including engineering services, technology transfer and the license and sale of its intellectual property portfolio and fundamental knowledge for a range of fuel cell applications.