AirBoss of America (TSE:BOS) Price Target Cut to C$40.00 by Analysts at TD Securities

AirBoss of America (TSE:BOSGet Rating) had its price objective decreased by stock analysts at TD Securities from C$51.00 to C$40.00 in a report released on Friday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ target price indicates a potential upside of 101.61% from the company’s current price.

BOS has been the topic of several other reports. Pi Financial cut their price target on shares of AirBoss of America from C$58.00 to C$49.00 and set a “buy” rating on the stock in a research report on Tuesday, May 10th. Cormark lowered their price objective on shares of AirBoss of America from C$54.00 to C$51.00 in a research note on Thursday, March 10th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of C$44.08.

Shares of TSE:BOS opened at C$19.84 on Friday. The company’s 50-day moving average price is C$31.84 and its two-hundred day moving average price is C$36.62. The company has a debt-to-equity ratio of 34.26, a current ratio of 2.11 and a quick ratio of 0.88. AirBoss of America has a one year low of C$17.75 and a one year high of C$47.00. The stock has a market capitalization of C$535.55 million and a PE ratio of 9.23.

AirBoss of America (TSE:BOSGet Rating) last issued its quarterly earnings results on Tuesday, March 8th. The company reported C$0.71 EPS for the quarter, topping the consensus estimate of C$0.51 by C$0.20. The business had revenue of C$313.99 million for the quarter, compared to the consensus estimate of C$301.86 million. On average, analysts anticipate that AirBoss of America will post 2.8699999 earnings per share for the current fiscal year.

In related news, Director Peter Grenville Schoch purchased 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 10th. The shares were acquired at an average price of C$32.10 per share, for a total transaction of C$160,500.00. Following the purchase, the director now owns 4,799,077 shares in the company, valued at C$154,050,371.70.

AirBoss of America Company Profile (Get Rating)

AirBoss of America Corp., together with its subsidiaries, develops, manufactures, and markets rubber-based products for automotive, heavy commercial, construction and infrastructure, oil and gas, and defense industries in Canada, the United States, and internationally. It operates through three segments: AirBoss Defense Group, Rubber Solutions, and Engineered Products.

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