BlackBerry Ltd (NYSE:BB) price target lowered to $10.00 by Royal Bank of Canada

Analyst Ratings For BlackBerry Ltd (NYSE:BB)

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Today, Royal Bank of Canada lowered its price target on BlackBerry Ltd (NYSE:BB) to $10.00 per share.

There are 6 Hold Ratings, 4 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on BlackBerry Ltd (NYSE:BB) is Hold with a consensus target price of $12.05 per share, a potential 73.88% upside.

Some recent analyst ratings include

  • 12/21/2018-BlackBerry Ltd (NYSE:BB) had its Hold ➝ Hold rating reiterated by Canaccord Genuity with a $9.00 price target
  • 11/19/2018-BlackBerry Ltd (NYSE:BB) gets upgraded to Outperform by CIBC with a price target of $14.00

    About BlackBerry Ltd (NYSE:BB)
    BlackBerry Limited operates as an enterprise software and services company focused on securing and managing endpoints in the Internet of Things. 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. The company also provides BlackBerry QNX, a software for automotive electronics; BlackBerry Jarvis, a cloud-based 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. In addition, it offers intellectual property and licensing; mobility licensing; other licensing programs; and develops legacy BlackBerry 10 platform, and delivers BlackBerry productivity applications to Android smartphone. Further, the company engages in the development and licensing of secure device software and the outsourcing to partners of design, manufacturing, sales, and customer support for BlackBerry-branded handsets; and provision of Android smartphones, smartphone accessories, and non-warranty repair services. Additionally, it is involved in the operations related to subscribers using mobile devices with its legacy BlackBerry 7 and prior operating systems. The company was formerly known as Research In Motion Limited and changed its name to BlackBerry Limited in July 2013. BlackBerry Limited was founded in 1984 and is headquartered in Waterloo, Canada.

    Recent Trading Activity for BlackBerry Ltd (NYSE:BB)
    Shares of BlackBerry Ltd closed the previous trading session at 6,93 āˆ’0,62 8,21Ā % with 10930428 shares trading hands.

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