BlackBerry Ltd T.BB

Alternate Symbol(s): BB

Technology Software - Infrastructure

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments worldwide. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy and specializes in the areas of endpoint management, endpoint security, encryption, and embedded systems. It operates in three segments: Cybersecurity, IoT, and Licensing and Other. Cybersecurity consists of BlackBerry UEM and Cylance cybersecurity solutions (collectively, BlackBerry Spark), BlackBerry AtHo, and BlackBerry SecuSUITE. The Company’s endpoint management platform includes BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces solutions. The IoT consists of BlackBerry QNX, BlackBerry Certicom, BlackBerry Radar, BlackBerry IVY and other Internet of things (IoT) applications. Licensing and Other consists of the Company’s intellectual property arrangements and settlement award.

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BlackBerry Ltd

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Post by Traderetteon Mar 30, 2015 2:45pm

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Post# 23577888

Scotiabank Boosts BlackBerry Price Target to C$12.50 (BB)

Posted by Joseph Griffin on Mar 30th, 2015 // No Comments

Stock analysts at Scotiabank increased their price objective on shares of BlackBerry (TSE:BB) from C$12.20 to C$12.50 in a report issued on Monday. The firm currently has a “sector perform” rating on the stock. Scotiabank’s target price would indicate a potential upside of 4.87% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura lowered their price target on shares of BlackBerry from C$10.30 to C$9.70 and set a “neutral” rating on the stock in a research note on Thursday. Separately, analysts at Goldman Sachs lowered their price target on shares of BlackBerry from C$12.00 to C$11.00 in a research note on Monday, March 9th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of C$9.15.

BlackBerry (TSE:BB) traded down 5.54% on Monday, hitting $11.26. The stock had a trading volume of 3,232,664 shares. BlackBerry has a one year low of $7.68 and a one year high of $15.10. The stock has a50-day moving average of $12. and a 200-day moving average of $12.. The company’s market cap is $5.88 billion.

BlackBerry (TSE:BB) last released its earnings data on Friday, March 27th. The company reported $0.04 earnings per share for the quarter. Analysts expect that BlackBerry will post $-0.09 EPS for the current fiscal year.

BlackBerry Limited is a provider of wireless solution, comprised of smartphones, service and software. The Company is engaged in the development of integrated hardware, software and services that support multiple wireless network standards. The Company’s portfolio includes the BlackBerry wireless solution, the BlackBerry Wireless Handheld product line, software development tools and other software and hardware.

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