155675 (BLD.TO) (TSE:BLD) Cut to Hold at Hsbc Global Res

Hsbc Global Res lowered shares of 155675 (BLD.TO) (TSE:BLD) (NASDAQ:BLDP) from a strong-buy rating to a hold rating in a report published on Wednesday morning,Zacks.com reports.

A number of other brokerages have also recently issued reports on BLD. TD Securities cut shares of 155675 (BLD.TO) from a “hold” rating to a “strong sell” rating in a report on Monday, August 12th. Cibc World Mkts cut shares of 155675 (BLD.TO) from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 13th. Finally, Cormark cut shares of 155675 (BLD.TO) from a “moderate buy” rating to a “hold” rating in a report on Monday, September 16th.

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) (TSE:BLD) (NASDAQ:BLDP) last announced its earnings results on Tuesday, November 5th. The company reported C($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.18) by C($0.08). The business had revenue of C$20.13 million for the quarter, compared to the consensus estimate of C$33.89 million.

About 155675 (BLD.TO)

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.