Airboss of America (BOS), the Conglomerates sector company was revisited today, yet the Wall Street analyst remains currently on the sidelines. Analyst Tim James from TD Securities reiterated a Hold rating, with a C$13.50 price target.
James has an average return of 6.4% when recommending Airboss of America.
According to TipRanks.com, James is ranked #1399 out of 4912 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Airboss of America with a C$13.83 average price target, implying a 32.1% upside from current levels. In a report released today, CIBC also maintained a Hold rating on the stock with a C$12 price target.
Based on Airboss of America’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of C$1.76 million. In comparison, last year the company had a net profit of C$3.51 million.
AirBoss of America Corp. develops, manufactures and sells rubber compounds. It operates through the following segments: Rubber Compounding, AirBoss Engineered Products, AirBoss-Defense Inc. and Immediate Response Technologies, LLC (AEP), Automotive, and Corporate.
The company’s shares closed on Friday at C$10.47, close to its 52-week low of C$9.96.