CIBC Lowers AirBoss of America (TSE:BOS) Price Target to C$17.00

AirBoss of America (TSE:BOSGet Rating) had its price objective cut by equities research analysts at CIBC from C$18.00 to C$17.00 in a note issued to investors on Thursday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. CIBC’s price target points to a potential upside of 113.03% from the stock’s current price.

Several other equities analysts also recently issued reports on the stock. Pi Financial cut their price target on shares of AirBoss of America from C$12.00 to C$11.00 in a report on Thursday. TD Securities cut their target price on shares of AirBoss of America from C$20.00 to C$17.00 and set a “speculative buy” rating for the company in a research note on Wednesday, November 2nd. National Bankshares decreased their price target on AirBoss of America from C$15.00 to C$14.00 and set an “outperform” rating on the stock in a research report on Thursday, November 3rd. Stifel Nicolaus cut their price objective on AirBoss of America from C$26.50 to C$23.00 in a research report on Wednesday, August 10th. Finally, Canaccord Genuity Group lowered their price target on shares of AirBoss of America from C$20.00 to C$14.00 in a report on Tuesday, November 1st. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of C$20.64.

AirBoss of America Stock Performance

AirBoss of America stock opened at C$7.98 on Thursday. The firm has a market capitalization of C$216.19 million and a P/E ratio of 4.84. The stock has a fifty day moving average price of C$8.78 and a two-hundred day moving average price of C$14.51. AirBoss of America has a 52-week low of C$5.62 and a 52-week high of C$47.00. The company has a debt-to-equity ratio of 46.01, a current ratio of 2.70 and a quick ratio of 1.15.

About AirBoss of America

(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.

Featured Articles

Analyst Recommendations for AirBoss of America (TSE:BOS)

Receive News & Ratings for AirBoss of America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AirBoss of America and related companies with MarketBeat.com's FREE daily email newsletter.