Ballard Power Systems (BLDP) Rating Increased to Hold at ValuEngine
ValuEngine upgraded shares of Ballard Power Systems (NASDAQ:BLDP) (TSE:BLD) from a sell rating to a hold rating in a research report report published on Tuesday.
BLDP has been the subject of several other research reports. Zacks Investment Research downgraded shares of Ballard Power Systems from a hold rating to a sell rating in a report on Wednesday, January 3rd. B. Riley set a $6.00 price target on shares of Ballard Power Systems and gave the company a buy rating in a research report on Wednesday, February 28th. BidaskClub lowered shares of Ballard Power Systems from a hold rating to a sell rating in a research report on Thursday, January 4th. Roth Capital set a $5.00 price target on shares of Ballard Power Systems and gave the company a hold rating in a research report on Thursday, January 4th. Finally, HC Wainwright set a $6.00 price target on shares of Ballard Power Systems and gave the company a buy rating in a research report on Friday, March 2nd. Two analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. The company has an average rating of Hold and an average target price of $4.88.
Shares of Ballard Power Systems (BLDP) opened at $3.23 on Tuesday. The company has a market cap of $573.77, a PE ratio of -64.60 and a beta of 2.16. The company has a quick ratio of 2.17, a current ratio of 2.61 and a debt-to-equity ratio of 0.05. Ballard Power Systems has a 1-year low of $2.07 and a 1-year high of $5.93.
Ballard Power Systems Company Profile
Ballard Power Systems Inc is engaged in the design, development, manufacture, sale and service of proton exchange membrane (PEM) fuel cell products for a range of applications, focusing on the power product markets of heavy-duty motive (consisting of bus and tram applications), portable power, material handling and backup power, as well as the delivery of technology solutions, including engineering services, technology transfer and the license and sale of its intellectual property portfolio and fundamental knowledge for a range of fuel cell applications.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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