In a latest note to investors, a research analyst has provided a rating update for the Maxar Technologies Ltd (MAXR). Analyst Stephanie Price from CIBC remains neutral on the stock and has a C$15 price target.
According to TipRanks.com, Price is ranked #1290 out of 5135 analysts.
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Currently, the analyst consensus on Maxar Technologies Ltd is a Moderate Buy with an average price target of C$33, which is a 291.0% upside from current levels. In a report released yesterday, National Bank also downgraded the stock to Hold with a C$10 price target.
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Maxar Technologies Ltd’s market cap is currently C$476.7M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.22.
Develops satellite communications technologies
The company’s shares closed on Wednesday at C$8.44, close to its 52-week low of C$6.69.