Is Selling Stock Like BlackBerry Ltd After Such Decline Winning Strategy?

 Is Selling Stock Like BlackBerry Ltd After Such Decline Winning Strategy?

The stock of BlackBerry Ltd (TSE:BB) is a huge mover today! About 633,037 shares traded hands. BlackBerry Ltd (TSE:BB) has risen 13.01% since April 15, 2016 and is uptrending. It has outperformed by 9.15% the S&P500.
The move comes after 5 months negative chart setup for the $5.43B company. It was reported on Nov, 21 by Barchart.com. We have $9.58 PT which if reached, will make TSE:BB worth $325.80M less.

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 119.43% above today’s ($10.19) stock price. BB&T Corp has been the topic of 16 analyst reports since September 2, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Argus Research on Thursday, January 21. The stock of BlackBerry Ltd (TSE:BB) earned “Buy” rating by Hilliard Lyons on Monday, January 25. The rating was initiated by Piper Jaffray on Tuesday, November 24 with “Neutral”. The rating was maintained by RBC Capital Markets on Wednesday, July 20 with “Sector Perform”. TD Securities maintained the stock with “Buy” rating in Thursday, September 22 report. As per Monday, August 29, the company rating was maintained by TD Securities. As per Monday, December 7, the company rating was upgraded by Raymond James. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, December 14. Hilliard Lyons downgraded the stock to “Neutral” rating in Friday, October 16 report. Scotia Capital maintained BlackBerry Ltd (TSE:BB) rating on Monday, September 28. Scotia Capital has “Sector Perform” rating and $10.50 price target.

More notable recent BlackBerry Ltd (TSE:BB) news were published by: Fool.com which released: “BlackBerry Ltd. Finally Stops Making Smartphones” on October 03, 2016, also Valuewalk.com with their article: “BlackBerry Ltd (BBRY) DTEK60: What Makes It Apt For Businessmen” published on November 16, 2016, Profitconfidential.com published: “BBRY Stock: Why BlackBerry Ltd Stock is Going Nuts Today” on September 28, 2016. More interesting news about BlackBerry Ltd (TSE:BB) were released by: Profitconfidential.com and their article: “BlackBerry Ltd: Could This Be a Game Changer for BlackBerry Stock?” published on November 02, 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 $5.43 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.

BB.TO Company Profile

BlackBerry Limited (BlackBerry), incorporated on July 3, 1984, provides mobile communications solutions. The Firm is engaged in the sale of smartphones and enterprise software and services. The Company’s services and products include Enterprise Solutions and Services, Devices, BlackBerry Technology Solutions and Messaging. The Company’s subsidiaries include BlackBerry Corporation, BlackBerry UK Limited, BlackBerry Singapore Pte. Limited, Good Technology Corporation and QNX Software Systems Limited (QNX).

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