Analysts Rated Kinder Morgan, Inc. (KMI) as Buy
- Author: Zachary Reyes Jun 01, 2017,
Jun 01, 2017, 12:18
Ruffer LLP continued to hold its position in shares of BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 184,313 shares of the smartphone producer's stock after selling 5,625 shares during the period. Closely-held shares are those owned by insiders, major shareholders and employees, while restricted stock refers to insider shares that can not be traded because of a temporary restriction such as the lock-up period after an initial public offering. Beck Mack & Oliver LLC bought a new stake in BlackBerry during the first quarter valued at $105,000.
The stock price weekly volatility remained at 1.15% while volatility is standing at 1.53% for the month. The current share price indicate that stock is -0.25% away from its one year high and is moving 24.43% ahead of its 52-week low. First Allied Advisory Services Inc. increased its position in shares of BlackBerry by 9.4% in the fourth quarter. They expect $-0.02 earnings per share, 0.00% or $0.00 from last year's $-0.02 per share. Lyrical Asset Management Lp owns 1.61 million shares or 3.19% of their United States portfolio. About shares traded. BlackBerry Ltd (NASDAQ:BBRY) has risen 55.16% since May 31, 2016 and is uptrending. The stock's market cap is $5.90 billion. He also accounted for the dilution caused by the conversion of the debentures, but he felt a downgrade was appropriate because of the limited return to his updated price target. BlackBerry Ltd has a 1-year low of $6.23 and a 1-year high of $11.55. This represents an increase of 256% compared to the average volume of 1,212 call options.
BlackBerry (NASDAQ:BBRY) last released its quarterly earnings data on Friday, March 31st. The smartphone producer reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.04) by $0.08. The firm had revenue of $297 million for the quarter, compared to analysts' expectations of $288.45 million. BlackBerry had a negative return on equity of 3.62% and a negative net margin of 93.19%. BlackBerry's revenue for the quarter was down 39.0% compared to the same quarter a year ago. During the same quarter in the prior year, the company earned ($0.03) earnings per share. Stock has got OUTPERFORM rating from 5 analysts of Thomson Reuters, 2 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating. If you are accessing this news story on another publication, it was copied illegally and reposted in violation of worldwide trademark and copyright laws. The legal version of this piece of content can be viewed at https://www.themarketsdaily.com/2017/05/31/blackberry-bbry-given-daily-news-sentiment-rating-of-0-17.html.
Analyst mean recommendation rating on a stock by the analyst community is at 2.40.
In analysts report revealed to clients today, Raymond James decreased shares of BlackBerry Limited - Common Stock (NASDAQ:BBRY) to a "Market Perform" rating from the previous "Outperform" rating. Scotiabank set a $10.65 price objective on BlackBerry in a research note on Monday, April 3rd. BlackBerry now has a consensus rating of "Hold" and a consensus price target of $8.87. Royal Bank of Canada reissued a "hold" rating and set a $7.50 price objective on shares of BlackBerry in a report on Friday, March 24th.
On Friday, Shares of Vereit Inc (NYSE:VER) lost -0.36% to $8.33. RBC Capital Markets maintained BlackBerry Ltd (NASDAQ:BBRY) rating on Monday, December 14.
Among 5 analysts covering Outfront Media Inc (NYSE:OUT), 1 have Buy rating, 0 Sell and 4 Hold. 11,583,883 shares of the company traded hands.
BlackBerry Limited (BlackBerry) provides mobile communications solutions. First Allied Advisory Services Inc. now owns 29,020 shares of the smartphone producer's stock worth $200,000 after buying an additional 2,500 shares during the last quarter.