Stock under Analysts Consideration: BlackBerry Limited (BBRY)

Blackberry

In terms of Buy, Sell or Hold recommendations, Blackberry Limited (NASDAQ:BBRY) has analysts' mean recommendation of 2.9.

Let's also take a brief look at the stock price in relation to some highs/lows and moving averages. Its last month's stock price volatility remained 2.42% which for the week approaches 2.52%.

A number of other research analysts have also recently commented on the stock. RBC Capital Markets maintained it with "Sell" rating and $6200 target in Friday, May 26 report.

The financial company has just set a price target of $9.5 on BlackBerry (NASDAQ:BBRY) shares.

In a note revealed this morning, RBC Capital reiterated their "Hold" rating on BlackBerry (NASDAQ:BBRY) shares. The stock presently has a consensus rating of "Hold" and a consensus price target of $9.52. BBRY's latest closing price was 5.63% away from the average-price of 200 days while it maintained a distance of -1.58% from the 50 Day Moving Average and -0.58% away compared to its SMA 20. BlackBerry Ltd (NASDAQ:BBRY) has risen 55.16% since September 25, 2016 and is uptrending. BlackBerry Limited has a 52 week low of $6.65 and a 52 week high of $11.74. When the opening bell rang, the price was $9.14.

Blackberry Limited (NASDAQ:BBRY)'s trailing twelve month revenues are $1.14 Billion, whereas its price to sales ratio for the same period is 4.47.

The Average Earnings Estimate for the Current Fiscal quarter is $0.01 per share, according to consensus of 13 analysts. The return on assets stands at 0%, Return on Equity now is 0% and the Return on Investment value is -44.5%. The consensus estimates from Thomson Reuters are calling for breakeven earnings and $221.18 million in revenue. The shares were sold at an average price of C$7.58, for a total value of C$1,069,651.70. After a recent check, company stock has been trading near the $9.22 mark.

Analysts await BlackBerry Ltd (NASDAQ:BBRY) to report earnings on September, 28 before the open. Stock repurchase plans are often a sign that the company's management believes its stock is undervalued. If you are reading this news story on another website, it was stolen and republished in violation of USA and worldwide trademark and copyright legislation. The original version of this piece can be viewed at https://stocknewstimes.com/2017/09/27/blackberry-limited-bbry-receives-news-impact-rating-of-0-08.html. Finally, Bank of Nova Scotia grew its position in shares of BlackBerry Limited by 3.1% in the 2nd quarter. Koch Industries Inc. bought a new stake in shares of BlackBerry Limited in the 2nd quarter valued at about $360,000. $113,618 worth of Facebook Inc (NASDAQ:FB) shares were sold by Stretch Colin. Cetera Investment Advisers bought a new stake in shares of BlackBerry Limited in the 2nd quarter valued at about $279,000. Korea Investment CORP now owns 31,665 shares of the company's stock worth $316,000 after acquiring an additional 937 shares in the last quarter. Dynamic Technology Lab Private Ltd grew its position in shares of BlackBerry Limited by 56.4% in the 2nd quarter. The stock spiked 2.12% last month and is up 32.66 this year. Kanawha Capital Ltd Limited Liability Company holds 0.48% of its portfolio in Altria Group Inc (NYSE:MO) for 40,992 shares. Creative Planning now owns 12,122 shares of the company's stock worth $121,000 after acquiring an additional 1,900 shares in the last quarter.

Senior Officer at BlackBerry Limited, Dodge, Dan on 2014-10-02 Sell 23855 shares of the company at a price of $10.43. The Company is engaged in the sale of smartphones and enterprise software and services.

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