“Hold” rating was Reconfirmed at Canaccord Genuity. BlackBerry (BB) Has Given PT Of $10.5.

June 26, 2018 - By Heather Owens

Reiterated BlackBerry (BB) Rating.

On Monday morning a report was revealed to clients on BlackBerry (BB) of its “Hold” Rating reconfirmed by expert analysts at Canaccord Genuity. The MC company was given $10.5 target price that indicates 4.06 % upside potential from the last close price.

BlackBerry Limited (NYSE:BB) Ratings Coverage

A total of 5 analysts rate BlackBerry Limited (BB) as follows: 1 “Buy”, 4 “Hold” and 0 “Sell”. Тherefore 20% are bullish. (BB) has 6 ratings reports on Jun 26, 2018 according to StockzIntelligence. On Friday, January 12 RBC Capital Markets maintained BlackBerry Limited (NYSE:BB) rating. RBC Capital Markets has “Hold” rating and $11.0 target. On Thursday, March 29 the firm earned “Hold” rating by BMO Capital Markets. On Monday, June 25 the rating was maintained by Canaccord Genuity with “Hold”. On Tuesday, January 16 the stock of BlackBerry Limited (NYSE:BB) has “Buy” rating given by Macquarie Research. On Friday, June 22 Canaccord Genuity maintained BlackBerry Limited (NYSE:BB) rating. Canaccord Genuity has “Hold” rating and $10.5000 target.

The stock increased 0.80% or $0.08 during the last trading session, hitting $10.09.BlackBerry Limited has 7.84M shares volume, 83.66% up from normal. BB is uptrending and has moved 4.72% since June 26, 2017. BB underperformed the S&P 500 by 7.85%.

BlackBerry Limited operates as an enterprise software and services firm focused on securing and managing endpoints in the Internet of Things.The company has $5.55 billion market cap. It offers BlackBerry Enterprise Mobility Suite, which combines and integrates mobile security, management, productivity, and collaboration solutions, such as BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces; BlackBerry AtHoc, a secure and networked crisis communications solution; SecuSUITE for Government, a voice encryption software solution; BlackBerry Enterprise Consulting and BlackBerry Cybersecurity Consulting; and BBM Enterprise, an enterprise-grade secure instant messaging solution, as well as Communications Platform as a Service.Currently it has negative earnings. The firm also provides BlackBerry QNX, a software for automotive electronics; BlackBerry Jarvis, a cloud static binary code-scanning solution; Certicom that offers software components and end-to-end security solutions targeted at bandwidth and resource-constrained applications; Paratek, which offers adaptive radio frequency antenna tuning technology; BlackBerry Radar, an asset tracking and telematics product.

For more BlackBerry Limited (NYSE:BB) news announced recently go to: Seekingalpha.com, Seekingalpha.com, Globenewswire.com, Globenewswire.com or Globenewswire.com. The titles are as follows: “BlackBerry: Q1 Earnings Preview” announced on June 18, 2018, “BlackBerry: The Time Has Come” on June 14, 2018, “BlackBerry Announces Election Results for the Company’s Board of Directors” with a publish date: June 20, 2018, “BlackBerry Helps Modernize the G7 Operations Centers” and the last “BlackBerry Reports Fiscal Year 2019 First Quarter Results” with publication date: June 22, 2018.

BlackBerry Limited (NYSE:BB) Analyst Ratings Chart

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