CIBC analyst Stephanie Price maintained a Sell rating on Maxar Technologies Ltd (MAXR) on July 25 and set a price target of $5. The company’s shares opened today at $7.62, close to its 52-week low of $3.83.
According to TipRanks.com, Price is a 5-star analyst with an average return of 12.8% and a 75.5% success rate. Price covers the Technology sector, focusing on stocks such as Enghouse Systems Limited, CGI Group, and Descartes.
Currently, the analyst consensus on Maxar Technologies Ltd is a Moderate Sell with an average price target of $6.33, representing a -16.9% downside. In a report issued on July 15, Credit Suisse also maintained a Sell rating on the stock with a $4.50 price target.
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Maxar Technologies Ltd’s market cap is currently $451.6M and has a P/E ratio of 3.56. The company has a Price to Book ratio of 0.78.
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Maxar Technologies, Inc. provides space technology solutions, delivering unmatched end-to-end capabilities in satellites, robotics, Earth imagery, geospatial data, analytics and insights. Its segments include Space Systems, Imagery and Services. The company was founded on February 3, 1969 and is headquartered in Westminster, Co.
