Will BlackBerry Ltd Go Down Anytime Soon?

The stock of BlackBerry Ltd (TSE:BB) is a huge mover today! About 84,873 shares traded hands. BlackBerry Ltd (TSE:BB) has risen 11.28% since April 21, 2016 and is uptrending. It has outperformed by 5.87% the S&P500.
The move comes after 7 months positive chart setup for the $5.31B company. It was reported on Nov, 25 by Barchart.com. We have $10.72 PT which if reached, will make TSE:BB worth $318.60 million more.

BlackBerry Ltd (TSE:BB) Ratings Coverage

Out of 9 analysts covering BB&T Corp (TSE:BB), 5 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 56% are positive. BB&T Corp has been the topic of 16 analyst reports since September 2, 2015 according to StockzIntelligence Inc. Hilliard Lyons upgraded the stock to “Buy” rating in Monday, January 25 report. On Thursday, September 22 the stock rating was maintained by TD Securities with “Buy”. RBC Capital Markets maintained the shares of BB in a report on Monday, December 14 with “Sector Perform” rating. The stock has “Outperform” rating given by Robert W. Baird on Wednesday, September 2. On Friday, October 16 the stock rating was maintained by Barclays Capital with “Equal Weight”. The stock has “Sector Perform” rating given by RBC Capital Markets on Wednesday, July 20. The stock of BlackBerry Ltd (TSE:BB) earned “Sector Perform” rating by RBC Capital Markets on Monday, June 20. As per Monday, August 29, the company rating was maintained by TD Securities. The stock of BlackBerry Ltd (TSE:BB) has “Sector Perform” rating given on Monday, September 28 by Scotia Capital. The stock has “Strong Buy” rating given by Raymond James on Monday, December 7.

More notable recent BlackBerry Ltd (TSE:BB) news were published by: Learnbonds.com which released: “BlackBerry Ltd (BBRY) Ditches Phones to Tackle Medical Tech Security” on November 25, 2016, also Fool.ca with their article: “3 Reasons Why BlackBerry Ltd. Is on the Verge of a Major Turnaround” published on November 23, 2016, Seekingalpha.com published: “BlackBerry Plans To Shake Up Medtech Cybersecurity” on November 23, 2016. More interesting news about BlackBerry Ltd (TSE:BB) were released by: Fool.com and their article: “BlackBerry Ltd. Finally Stops Making Smartphones” published on October 03, 2016 as well as Usnews.com‘s news article titled: “BlackBerry Ltd Quitting Smartphone Production (BBRY)” with publication date: September 28, 2016.

BlackBerry Limited provides mobile communications solutions. The company has a market cap of $5.31 billion. The Firm is engaged in the sale of smartphones and enterprise software and services. It currently has negative earnings. The Company’s services and products include Enterprise Solutions and Services, Devices, BlackBerry Technology Solutions and Messaging.

BB.TO Company Profile

BlackBerry Limited (BlackBerry), incorporated on July 3, 1984, provides mobile communications solutions. The Firm is engaged in the sale of smartphones and enterprise software and services. The Company’s services and products include Enterprise Solutions and Services, Devices, BlackBerry Technology Solutions and Messaging. The Company’s subsidiaries include BlackBerry Corporation, BlackBerry UK Limited, BlackBerry Singapore Pte. Limited, Good Technology Corporation and QNX Software Systems Limited (QNX).