HSBC Upgrades 155675 (BLD.TO) (TSE:BLD) to “Strong-Buy”

155675 (BLD.TO) (TSE:BLD) (NASDAQ:BLDP) was upgraded by stock analysts at HSBC from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Separately, Lake Street Capital upgraded shares of 155675 (BLD.TO) from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. Two equities research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy”.

155675 (BLD.TO) Stock Performance

155675 has a twelve month low of C$49.61 and a twelve month high of C$2.32.

155675 (BLD.TO) 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.