AirBoss of America (TSE:BOS) Price Target Raised to C$6.50 at TD Securities

AirBoss of America (TSE:BOS) had its target price lifted by investment analysts at TD Securities from C$6.00 to C$6.50 in a research note issued to investors on Friday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ target price points to a potential upside of 62.50% from the company’s previous close.

AirBoss of America Price Performance

Shares of BOS traded down C$0.15 during mid-day trading on Friday, hitting C$4.00. The company’s stock had a trading volume of 55,634 shares, compared to its average volume of 21,710. The company has a current ratio of 2.23, a quick ratio of 1.07 and a debt-to-equity ratio of 95.38. AirBoss of America has a 1-year low of C$3.34 and a 1-year high of C$5.54. The firm has a market capitalization of C$108.60 million, a P/E ratio of -26.67, a P/E/G ratio of -550.53 and a beta of 1.88. The firm has a 50-day simple moving average of C$5.09 and a 200 day simple moving average of C$4.78.

AirBoss of America Company Profile

AirBoss of America Corp is a Canada-based manufacturer of rubber-based products for the resource, military, automotive and industrial markets. It operates in three segments: Rubber Solutions, Engineered Products, and AirBoss Defense Group. The Rubber Solutions segment includes manufacturing and distribution of rubber compounds and distribution of rubber compounding-related chemicals.