Cormark Cuts Baylin Technologies (BYL) Price Target to C$5.50

Baylin Technologies (TSE:BYL) had its target price reduced by Cormark from C$5.75 to C$5.50 in a research report released on Friday morning.

BYL stock opened at C$3.85 on Friday. Baylin Technologies has a 1-year low of C$2.90 and a 1-year high of C$4.50. The company has a debt-to-equity ratio of 68.13, a current ratio of 2.36 and a quick ratio of 1.52. The stock has a market capitalization of $153.44 million and a PE ratio of -23.77.

About Baylin Technologies

Baylin Technologies Inc, through its subsidiaries, engages in the research, development, manufacture, and sale of a range of antennas and communications solutions for the mobile, networking, small cell, DAS, and base station markets primarily in the North American and Asia Pacific regions. The company offers embedded antennas for use in handsets, tablets, and other mobile devices; device-specific antenna designs for Wi-Fi routers; devices for smart home connectivity, set-top boxes, and land mobile radio products; and indoor and outdoor distributed antenna systems, and small cell system antennas.

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