Maxar Technologies (TSE:MAXR) PT Lowered to C$59.00


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Maxar Technologies (TSE:MAXR) had its target price dropped by equities researchers at TD Securities to C$59.00 in a research report issued to clients and investors on Tuesday, Stock Target Advisor reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ price target indicates a potential upside of 63.71% from the company’s current price.

Other equities research analysts have also recently issued reports about the company. Royal Bank of Canada reissued an “outperform” rating and issued a C$51.00 target price on shares of Maxar Technologies in a research note on Monday, January 4th. National Bank Financial cut their target price on Maxar Technologies from C$56.00 to C$52.00 and set a “sector perform” rating on the stock in a research note on Friday, February 26th. Finally, Raymond James increased their target price on Maxar Technologies to C$50.00 and gave the stock a “market perform” rating in a research note on Monday, March 1st.

MAXR traded down C$12.14 during trading on Tuesday, reaching C$36.04. The stock had a trading volume of 963,796 shares, compared to its average volume of 180,307. The stock’s 50 day moving average is C$48.23 and its two-hundred day moving average is C$48.17. The company has a current ratio of 0.71, a quick ratio of 0.53 and a debt-to-equity ratio of 286.85. The company has a market capitalization of C$2.58 billion and a price-to-earnings ratio of 5.82. Maxar Technologies has a one year low of C$12.22 and a one year high of C$74.44.

About Maxar Technologies

Maxar Technologies Inc provides earth intelligence and space infrastructure solutions in the United States, Asia, South America, Europe, the Middle East, Australia, Canada, and internationally. It operates through Earth Intelligence and Space Infrastructure segments. The Earth Intelligence segment offers earth imagery products, including orthorectified imagery, imagery basemap, 3D and elevation, and information products; and SecureWatch, a subscription offering that provides online access to imagery and geospatial intelligence platform.

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