AirBoss of America (TSE:BOS) Given New C$7.00 Price Target at TD Securities

AirBoss of America (TSE:BOS) had its price target cut by research analysts at TD Securities from C$8.00 to C$7.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price target points to a potential upside of 89.70% from the stock’s previous close.

A number of other equities analysts have also weighed in on the company. Cibc World Mkts upgraded AirBoss of America from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 4th. National Bankshares lowered their price objective on AirBoss of America from C$5.75 to C$5.00 and set a “sector perform” rating on the stock in a research report on Tuesday, March 11th. Finally, CIBC cut their target price on shares of AirBoss of America from C$5.00 to C$4.75 and set a “neutral” rating for the company in a report on Tuesday, March 11th.

AirBoss of America Stock Performance

Shares of BOS stock traded down C$0.04 during trading hours on Tuesday, hitting C$3.69. The company’s stock had a trading volume of 4,707 shares, compared to its average volume of 26,578. The stock has a market cap of C$67.13 million, a PE ratio of -1.25, a price-to-earnings-growth ratio of -550.53 and a beta of 2.05. AirBoss of America has a 12-month low of C$3.64 and a 12-month high of C$6.31. The company has a 50 day moving average of C$3.96 and a 200 day moving average of C$4.27. The company has a current ratio of 2.23, a quick ratio of 1.07 and a debt-to-equity ratio of 95.38.

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.