AirBoss of America (TSE:BOS) Price Target Raised to C$4.75

AirBoss of America (TSE:BOS) had its target price lifted by CIBC from C$3.75 to C$4.75 in a note issued to investors on Friday, BayStreet.CA reports. The brokerage currently has an “underperform” rating on the stock. CIBC’s target price would indicate a potential downside of 9.52% from the stock’s previous close.

A number of other equities analysts also recently commented on BOS. TD Securities reduced their price objective on shares of AirBoss of America from C$8.50 to C$6.50 and set a “speculative buy” rating for the company in a research note on Thursday, February 29th. Cormark boosted their price objective on shares of AirBoss of America from C$5.00 to C$5.25 in a research note on Friday. Finally, Pi Financial lowered shares of AirBoss of America from a “buy” rating to a “neutral” rating in a report on Tuesday, February 27th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of C$5.67.

AirBoss of America Stock Up 1.9 %

TSE:BOS traded up C$0.10 during trading hours on Friday, reaching C$5.25. The company’s stock had a trading volume of 15,468 shares, compared to its average volume of 29,670. The company has a market capitalization of C$142.43 million, a P/E ratio of 16.94, a price-to-earnings-growth ratio of -550.53 and a beta of 2.13. AirBoss of America has a 12 month low of C$3.65 and a 12 month high of C$9.77. The company has a debt-to-equity ratio of 88.07, a quick ratio of 1.07 and a current ratio of 2.51. The stock has a 50 day moving average price of C$4.95 and a two-hundred day moving average price of C$4.53.

AirBoss of America Company Profile

AirBoss of America Corp., together with its subsidiaries, develops, manufactures, and markets rubber-based products in Canada, the United States, and internationally. It operates through three segments: AirBoss Defense Group, Rubber Solutions, and Engineered Products. The AirBoss Defense Group segment develops, manufactures, and sells healthcare protective equipment, personal respiratory protective products, rapid deployment negative pressure isolation shelters, and cold weather combat footwear, as well as chemical, biological, radioactive, and nuclear and explosive protective equipment for military, law enforcement, healthcare and industrial providers, and first responders.