AirBoss of America (TSE:BOS) Raised to Neutral at CIBC

AirBoss of America (TSE:BOS) was upgraded by equities research analysts at CIBC from an “underperform” rating to a “neutral” rating in a research note issued to investors on Wednesday,BayStreet.CA reports. The firm currently has a C$5.00 target price on the stock, up from their previous target price of C$4.00. CIBC’s price objective points to a potential upside of 17.65% from the stock’s current price.

Separately, TD Securities raised their price objective on AirBoss of America from C$7.00 to C$8.00 and gave the stock a “buy” rating in a report on Wednesday, September 11th.

AirBoss of America Stock Performance

TSE:BOS opened at C$4.25 on Wednesday. The company has a debt-to-equity ratio of 92.36, a current ratio of 2.17 and a quick ratio of 1.07. The firm has a market cap of C$115.30 million, a PE ratio of -1.55, a P/E/G ratio of -550.53 and a beta of 2.05. The firm has a 50 day simple moving average of C$4.50 and a 200-day simple moving average of C$4.98. AirBoss of America has a 1-year low of C$3.68 and a 1-year high of C$6.31.

AirBoss of America Company Profile

AirBoss of America Corp., together with its subsidiaries, manufactures and sells rubber-based products in Canada, the United States, and internationally. It operates through AirBoss Rubber Solutions and AirBoss Manufactured Products segments. The AirBoss Rubber Solutions segment involves in the manufacture and distribution of rubber compounds and rubber compounding related chemicals for various application in automotive, heavy industry, rollers, conveyor belting, defense, construction and infrastructure, mining, transportation, and oil and gas industries.