News headlines about BlackBerry (NYSE:BB) have been trending somewhat positive on Friday, Accern reports. Accern scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. BlackBerry earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave headlines about the company an impact score of 44.9531471431649 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern’s analysis:
- Blackberry Stock Returns to Test a Breakout Point – Profit Confidential (profitconfidential.com)
- $211.03 Million in Sales Expected for BlackBerry Ltd (BB) This Quarter (americanbankingnews.com)
- Head to Head Comparison: BlackBerry (BB) vs. ORBCOMM (ORBC) (americanbankingnews.com)
- Wild stock to watch: BlackBerry Limited (BB) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- 3 Undervalued Stocks I’d Buy Right Now (fool.ca)
Shares of BlackBerry (BB) opened at $11.41 on Friday. BlackBerry has a 52-week low of $6.65 and a 52-week high of $14.55. The company has a debt-to-equity ratio of 0.33, a current ratio of 4.26 and a quick ratio of 4.26. The company has a market cap of $6,301.61, a P/E ratio of 21.13 and a beta of 1.13.
Several equities research analysts recently weighed in on the stock. Royal Bank of Canada upped their target price on shares of BlackBerry from $10.50 to $11.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 21st. BMO Capital Markets reaffirmed a “hold” rating and set a $12.00 target price on shares of BlackBerry in a research note on Thursday, December 21st. Canaccord Genuity reaffirmed a “hold” rating and set a $11.00 target price on shares of BlackBerry in a research note on Thursday, December 21st. TD Securities upped their target price on shares of BlackBerry from $12.00 to $14.00 and gave the stock a “buy” rating in a research note on Thursday, December 21st. Finally, Imperial Capital reaffirmed an “in-line” rating and set a $11.00 target price (up from $10.00) on shares of BlackBerry in a research note on Friday, December 22nd. Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $10.95.
BlackBerry Limited (BlackBerry) provides mobile communications solutions. The Company is engaged in the sale of smartphones and enterprise software and services. The Company’s products and services include Enterprise Solutions and Services, Devices, BlackBerry Technology Solutions and Messaging. It is engaged in providing enterprise mobility management (EMM) and mobile security, and offers a portfolio of enterprise software solutions and services that can be deployed across a range of ecosystems and devices, including BlackBerry Enterprise Service (BES) 12 and Good Platforms, BES12 Cloud, enterprise file-sync-and-share (EFSS), SecuSUITE for Enterprise, Enhanced subscriber identity module (SIM)-Based Licensing (ESBL), WorkLife by BlackBerry solution and Professional Cybersecurity Services.
Receive News & Ratings for BlackBerry Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackBerry and related companies with MarketBeat.com's FREE daily email newsletter.