TD Securities Has Lowered Expectations for AirBoss of America (TSE:BOS) Stock Price

AirBoss of America (TSE:BOS) had its price target reduced by analysts at TD Securities from C$8.00 to C$7.00 in a report issued on Tuesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ price target suggests a potential upside of 90.22% from the company’s previous close.

A number of other brokerages have also recently issued reports on BOS. National Bankshares lowered their price target on shares of AirBoss of America from C$5.75 to C$5.00 and set a “sector perform” rating for the company in a research report on Tuesday, March 11th. CIBC lowered their price target on shares of AirBoss of America from C$5.00 to C$4.75 and set a “neutral” rating for the company in a research report on Tuesday, March 11th. Finally, Cibc World Mkts raised shares of AirBoss of America from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 4th.

AirBoss of America Trading Up 0.5 %

Shares of TSE BOS opened at C$3.68 on Tuesday. AirBoss of America has a 1 year low of C$3.64 and a 1 year high of C$6.31. The stock has a market cap of C$66.94 million, a P/E ratio of -1.25, a price-to-earnings-growth ratio of -550.53 and a beta of 2.05. The firm has a 50-day moving average of C$3.95 and a 200 day moving average of C$4.27. The company has a debt-to-equity ratio of 95.38, a current ratio of 2.23 and a quick ratio of 1.07.

AirBoss of America Company Profile

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.