AirBoss of America (TSE:BOS) Given New C$8.00 Price Target at TD Securities

AirBoss of America (TSE:BOS) had its price target boosted by TD Securities from C$6.50 to C$8.00 in a report released on Wednesday,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

Separately, National Bank Financial raised their target price on shares of AirBoss of America from C$5.00 to C$7.00 and gave the stock a “sector perform” rating in a report on Friday, March 6th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, AirBoss of America presently has an average rating of “Moderate Buy” and a consensus target price of C$7.50.

AirBoss of America Price Performance

Shares of TSE:BOS opened at C$6.89 on Wednesday. The company has a debt-to-equity ratio of 72.38, a quick ratio of 1.07 and a current ratio of 1.64. The firm has a market cap of C$187.06 million, a price-to-earnings ratio of -21.53, a price-to-earnings-growth ratio of -550.53 and a beta of 1.58. The business has a 50-day simple moving average of C$5.57 and a two-hundred day simple moving average of C$5.02. AirBoss of America has a fifty-two week low of C$3.34 and a fifty-two week high of C$7.00.

AirBoss of America (TSE:BOS) last announced its quarterly earnings results on Friday, March 20th. The company reported C$0.01 earnings per share (EPS) for the quarter. AirBoss of America had a negative net margin of 2.09% and a negative return on equity of 7.11%. The firm had revenue of C$139.50 million for the quarter. On average, analysts expect that AirBoss of America will post 0.1012935 earnings per share for the current year.

About AirBoss of America

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.