The stock of BlackBerry Ltd (TSE:BB) is a huge mover today! About 263,682 shares traded hands. BlackBerry Ltd (TSE:BB) has declined 7.34% since March 10, 2016 and is downtrending. It has underperformed by 12.96% the S&P500.
The move comes after 6 months positive chart setup for the $5.11 billion company. It was reported on Oct, 17 by Barchart.com. We have $11.74 PT which if reached, will make TSE:BB worth $1.02B more.
BlackBerry Ltd (TSE:BB) Ratings Coverage
Out of 9 analysts covering BB&T Corp (TSE:BB), 5 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 56% are positive. $43.0 is the highest target while $7 is the lowest. The $22.36 average target is 128.63% above today’s ($9.78) stock price. BB&T Corp has been the topic of 16 analyst reports since September 2, 2015 according to StockzIntelligence Inc. The rating was maintained by RBC Capital Markets with “Sector Perform” on Monday, December 14. Hilliard Lyons upgraded the shares of BB in a report on Monday, January 25 to “Buy” rating. The rating was upgraded by Raymond James on Monday, December 7 to “Strong Buy”. On Friday, October 16 the stock rating was maintained by Barclays Capital with “Equal Weight”. The stock of BlackBerry Ltd (TSE:BB) has “Buy” rating given on Thursday, January 21 by Argus Research. The company was initiated on Tuesday, November 24 by Piper Jaffray. RBC Capital Markets maintained the shares of BB in a report on Monday, June 20 with “Sector Perform” rating. The stock has “Neutral” rating given by Hilliard Lyons on Friday, October 16. The company was maintained on Wednesday, July 20 by RBC Capital Markets. On Thursday, September 22 the stock rating was maintained by TD Securities with “Buy”.
More notable recent BlackBerry Ltd (TSE:BB) news were published by: Wsj.com which released: “BlackBerry Juices Indonesia’s Plans to Grow Its Smartphone Supply Chain” on October 16, 2016, also Seekingalpha.com with their article: “BlackBerry: Digging Deeper Into The Hardware Hole” published on October 17, 2016, Fool.com published: “BlackBerry Ltd. Finally Stops Making Smartphones” on October 03, 2016. More interesting news about BlackBerry Ltd (TSE:BB) were released by: Profitconfidential.com and their article: “BBRY Stock: Why BlackBerry Ltd Stock is Going Nuts Today” published on September 28, 2016 as well as Profitconfidential.com‘s news article titled: “BlackBerry Ltd: BBRY Stock Could Hit $10 By Year-End 2016” with publication date: September 30, 2016.
BlackBerry Limited provides mobile communications solutions. The company has a market cap of $5.11 billion. The Firm is engaged in the sale of smartphones and enterprise software and services. It currently has negative earnings. The Company’s services and products include Enterprise Solutions and Services, Devices, BlackBerry Technology Solutions and Messaging.
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