AirBoss of America Corp. (TSE:BOS – Get Rating ) has earned an average recommendation of “Buy” from the eight research firms that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a buy rating. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is C$20.64.
BOS has been the subject of several recent research reports. TD Securities decreased their target price on AirBoss of America from C$17.00 to C$14.50 and set a “speculative buy” rating on the stock in a report on Thursday, November 10th. National Bankshares decreased their price target on AirBoss of America from C$15.00 to C$14.00 and set an “outperform” rating on the stock in a research note on Thursday, November 3rd. Canaccord Genuity Group decreased their price objective on AirBoss of America from C$20.00 to C$14.00 in a research note on Tuesday, November 1st. CIBC lowered their target price on AirBoss of America from C$18.00 to C$17.00 and set an “outperform” rating for the company in a research report on Thursday, November 10th. Finally, Pi Financial decreased their target price on AirBoss of America from C$12.00 to C$11.00 in a research report on Thursday, November 10th.
Insider activity
In other AirBoss of America news, Director Peter Grenville Schoch purchased 47,000 shares of AirBoss of America stock in a transaction dated Friday, November 18th. The stock was purchased at an average price of C$7.83 per share. share, with a total value of C$368,104.00. Following the completion of the purchase, the director now directly owns 4,864,077 shares in the company to a value of approx. C$38,095,451.06.
AirBoss of America shares rose 6.2%
Shares of BOS opened at C$7.56 on Thursday. The company has a market cap of C$204.82 million and a PE ratio of 4.70. AirBoss of America has a 12 month low of C$5.62 and a 12 month high of C$47.00. The stock’s 50-day moving average price is C$7.70, and its two-hundred-day moving average price is C$11.59. The company has a current ratio of 2.24, a quick ratio of 1.07 and a debt ratio of 71.63.
AirBoss of America Company Profile
(Get rating)
AirBoss of America Corp. together with its subsidiaries, develops, manufactures and markets rubber-based products for the automotive, heavy commercial, construction and infrastructure, oil and gas and defense industries in Canada, the United States and internationally. It operates through three segments: AirBoss Defense Group, Rubber Solutions and Engineered Products.
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