Depending on the research firm, sell-side analysts can use alternate terminology to describe their Buy/Sell recommendations. Retail investors not familiar with a particular research broker could find the recommendations difficult to understand. As a result, Zacks offers an analyst brokerage rating (ABR) which simplifies the recommendations into a 1 to 5 sliding scale where one represents a Strong Buy and 5 indicates a Strong Sell. Sell-side analysts maintain a positive outlook on the shares of BlackBerry Limited (NASDAQ:BBRY). Based on the poll results published by the Zacks Research as of 2016-11-25, the stock of the company has been assigned an ABR of 2.87 rating, where number 1 denotes a Strong Buy and 5 Strong Sell.
This number represents the scoring on a scale of 1 to 5, where 1 implies a Strong Buy and 5 denotes a Strong Sell. The market consensus has been reached after taking into account estimates by a total of 11 sell-side firms that participated in the poll conducted by Zacks.
The brokerage firms have currently set a one-year price mean target of $8 for the stock while the median stock price target is $7.5. The highest price target estimate stands at $10.5 and the lowest price target is set at $6. The target price standard deviation of estimates is $1.483.
[Source:- MARKETS DAILY]
