Maxar Technologies (MAXR) Upgraded to “Outperform” at Raymond James Financial

Raymond James Financial upgraded shares of Maxar Technologies (TSE:MAXR) from a market perform rating to an outperform rating in a report published on Tuesday morning. The brokerage currently has C$59.00 target price on the stock, down from their previous target price of C$80.00.

Several other research firms have also weighed in on MAXR. Scotiabank upgraded Maxar Technologies from a sector perform rating to an outperform rating and upped their price objective for the company from C$77.00 to C$88.00 in a research note on Tuesday, February 20th. BMO Capital Markets reiterated an outperform rating and issued a C$81.00 price objective on shares of Maxar Technologies in a research note on Wednesday, March 7th. CIBC lowered their price objective on Maxar Technologies from C$90.00 to C$88.00 in a research note on Friday, February 23rd. Finally, Canaccord Genuity lowered their price objective on Maxar Technologies from C$90.00 to C$70.00 and set a buy rating on the stock in a research note on Friday, February 23rd. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. The company has an average rating of Buy and an average price target of C$84.44.

How to Become a New Pot Stock Millionaire

Shares of Maxar Technologies (TSE MAXR) opened at C$58.35 on Tuesday. Maxar Technologies has a 12 month low of C$55.13 and a 12 month high of C$86.67. The firm has a market capitalization of $3,490.00, a P/E ratio of 18.70 and a beta of 0.39.

TRADEMARK VIOLATION WARNING: This article was originally published by Stock Observer and is the sole property of of Stock Observer. If you are reading this article on another website, it was stolen and republished in violation of United States & international copyright law. The legal version of this article can be read at https://www.thestockobserver.com/2018/03/21/maxar-technologies-maxr-upgraded-to-outperform-at-raymond-james-financial.html.

About Maxar Technologies

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.

Analyst Recommendations for Maxar Technologies (TSE:MAXR)

Receive News & Ratings for Maxar Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maxar Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply