Maxar Technologies (MAXR) Price Target Cut to C$88.00

Maxar Technologies (TSE:MAXR) had its target price dropped by CIBC from C$90.00 to C$88.00 in a research note issued on Friday. CIBC’s price target would suggest a potential upside of 34.06% from the stock’s previous close.

MAXR has been the subject of several other research reports. National Bank Financial upped their price target on shares of Maxar Technologies from C$73.00 to C$90.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 26th. Canaccord Genuity upped their price target on shares of Maxar Technologies from C$80.00 to C$90.00 in a research report on Friday, November 3rd. BMO Capital Markets upped their price target on shares of Maxar Technologies from C$81.00 to C$89.00 in a research report on Friday, November 3rd. TD Securities upped their price target on shares of Maxar Technologies from C$87.00 to C$93.00 and gave the stock a “buy” rating in a research report on Friday, November 3rd. Finally, Scotiabank cut shares of Maxar Technologies from an “outperform” rating to a “sector perform” rating and set a C$77.00 price target for the company. in a research report on Friday, November 3rd. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of C$86.78.

Maxar Technologies (TSE:MAXR) traded down C$9.12 during trading on Friday, reaching C$65.64. 891,559 shares of the company’s stock traded hands, compared to its average volume of 240,176. The stock has a market cap of $4,170.00, a PE ratio of 31.06 and a beta of 0.17. Maxar Technologies has a 12 month low of C$64.73 and a 12 month high of C$86.67.

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About Maxar Technologies

Maxar Technologies Ltd., a communications and information company, provides operational solutions to commercial and government organizations worldwide. The company operates in two segments, Communications, and Surveillance and Intelligence. The Communications segment offers solutions for the delivery of a range of services, including television and radio distribution, broadband Internet, and mobile communications.

Analyst Recommendations for Maxar Technologies (TSE:MAXR)

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