BlackBerry Limited (NASDAQ:BBRY) currently has a consensus target price of $8 on the stock. Of the analysts polled by Zacks Research that are taken into consideration for this number, the analyst with the highest target estimate has the stock reaching $10.5. The lowest target price estimate has the stock reaching $6. These target projections might vary between different covering analysts.
Analysts may review resistance and support levels to help evaluate a stock target price. Zacks research also provides calculated recommendations from covering sell-side analysts. These recommendations fall on a scale provided by Zacks Research. Based on information provided from various analysts, Zacks Research lists BlackBerry Limited stock with an ABR of 2.87. This number is based on a ratings scale where the ratings fall between a 1 and a 5. Following this scale, a 1 would represent a Strong Buy while a 5 would indicate a Strong Sell.
We can also take a look at some company earnings per share or EPS information. Earnings per share is the segment of profit for a company that is allocated to every outstanding share of a company’s common stock. Earnings per share numbers can serve as an indicator for the profitability of a certain company. EPS is widely considered to be one of the most important factors when evaluating the price of a share. A Zacks consensus currently shows Street analysts projecting the company to post per share earnings of $-0.04. For the period ending 2016-08-31, BlackBerry Limited reported actual EPS of $-0.03. This number was $0.07 away from analyst predictions, providing a surprise factor of 70%. The company is expected to next release earnings on or around 2016-12-20.
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[Source:-RECALL NEWS]
