Wall Street renowned brokerages following BlackBerry Limited (NASDAQ:BBRY) have now given a mean price target of $8 on its stock. After accomplishing a methodical study, the analysts have specified a target price range.
The intense high range is put at $10.5 while the lowest price is $6. It is the mean price reached following the Zacks poll. In addition to this price estimate, the leading brokerages have announced the earnings estimates for BlackBerry Limited (NASDAQ:BBRY).
For the quarter, the forecasted EPS stands at $-0.04 for BlackBerry Limited (NASDAQ:BBRY). The report is likely to be publicized on or around 2016-12-16. As per the latest update, the firm’s EPS came at $-0.03 for the period ended 2016-08-31.
Zacks study examines the projections given by renowned brokerages in the industry. The hold, buy and sell recommendations are compiled to get an average rating on a 1-5 scale. It is a reducing scale, which can be conveniently decoded by shareholders. Brokers deploy unique mechanisms to get individual Buy/Sell references.
On the contrary, Zacks gets a consensus analyst rating on the stock. Value scores approaching towards 1 means a buy recommendation and rating of 5 is considered bearish for stock. BlackBerry Limited (NASDAQ:BBRY)’s rating score is 2.87 based on 11 stock views.
BlackBerry Limited (NASDAQ:BBRY) probably will achieve EPS of $-0.16 in next year. The experts have a positive EPS target of $0.05 for the company while the lowest estimate for the year is set at $-0.3 year.
[Source:-Markets Daily]
