Maxar Technologies (MAXR) Price Target Cut to C$45.00

Maxar Technologies (TSE:MAXR) had its price target dropped by research analysts at National Bank Financial from C$60.00 to C$45.00 in a research report issued on Thursday. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s target price suggests a potential upside of 111.37% from the company’s current price.

Several other equities analysts also recently issued reports on MAXR. Royal Bank of Canada dropped their price target on shares of Maxar Technologies from C$75.00 to C$73.00 and set an “outperform” rating for the company in a research note on Tuesday, July 24th. CIBC dropped their price target on shares of Maxar Technologies from C$88.00 to C$82.50 and set an “outperform” rating for the company in a research note on Wednesday, August 1st. Finally, BMO Capital Markets dropped their price target on shares of Maxar Technologies from C$81.00 to C$76.00 and set an “outperform” rating for the company in a research note on Wednesday, August 1st. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. Maxar Technologies has a consensus rating of “Buy” and an average price target of C$60.06.

MAXR stock opened at C$21.29 on Thursday. Maxar Technologies has a 52-week low of C$17.68 and a 52-week high of C$86.67.

Maxar Technologies Company Profile

Maxar Technologies Ltd., a space and geospatial intelligence company, provides satellites, earth imagery, geospatial data, and analytics for the commercial and government customers worldwide. The company operates through three segments: Space Systems, Imagery, and Services. The Space Systems segment supplies space and ground based infrastructure and information solutions, including communication and imaging satellites, payloads and antenna subsystems, space-based and airborne surveillance solutions, and associated ground infrastructure and support services for communications and surveillance and intelligence applications.

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Analyst Recommendations for Maxar Technologies (TSE:MAXR)

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