PI Financial analyst Gus Papageorgiou maintained a Hold rating on BlackBerry (NYSE:BB) Limited on Monday, setting a price target of C$9.4, which is approximately 47.23% above the present share price of $4.77.
Papageorgiou expects BlackBerry Limited to post earnings per share (EPS) of -$0.04 for the third quarter of 2020.
The current consensus among 3 TipRanks analysts is for a Hold rating of shares in BlackBerry, with an average price target of $6.01.
The analysts price targets range from a high of $7.02 to a low of $5.
In its latest earnings report, released on 08/31/2020, the company reported a quarterly revenue of $259 million and a net profit of $17 million. The company's market cap is $2.65 billion.
According to TipRanks.com, PI Financial analyst Gus Papageorgiou is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 26.8% and a 63.33% success rate.
BlackBerry Ltd. engages in the provision of enterprise software and services, which focuses on securing and managing Internet of Things endpoints. It offers a platform comprised of communication and collaboration software and safety-certified embedded solutions. The company was founded by Michael Lazaridis, James Laurence Balsillie, and Douglas E. Fregin on March 7, 1984 and is headquartered in Waterloo, Canada.