Credit Suisse Group Trims ABC Technologies (TSE:ABCT) Target Price to C$7.00 – MarketBeat
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
ABC Technologies (TSE:ABCT – Get Rating) had its price target decreased by research analysts at Credit Suisse Group to C$7.00 in a research report issued to clients and investors on Friday, Stock Target Advisor reports. The firm presently has an “underperform” rating on the stock. Credit Suisse Group’s price target points to a potential upside of 6.06% from the company’s previous close.
Other analysts also recently issued research reports about the stock. Scotiabank lifted their target price on shares of ABC Technologies from C$8.00 to C$8.50 in a report on Monday, May 16th. JPMorgan Chase & Co. dropped their target price on shares of ABC Technologies from C$8.00 to C$7.00 in a report on Friday.
ABC Technologies Trading Down 2.1 %
ABC Technologies stock traded down C$0.14 during trading on Friday, hitting C$6.60. The company had a trading volume of 3,403 shares, compared to its average volume of 6,071. ABC Technologies has a 1-year low of C$5.32 and a 1-year high of C$8.90. The company has a current ratio of 1.39, a quick ratio of 0.59 and a debt-to-equity ratio of 148.19. The company has a 50 day simple moving average of C$5.98. The stock has a market cap of C$762.83 million and a PE ratio of -4.99.
ABC Technologies Company Profile
(Get Rating)
ABC Technologies Holdings Inc engages in manufacturing, designing, engineering, material compounding, machine tooling, and equipment building of plastics and light weighting products for the automotive industry in Canada, the United States, Mexico, and internationally. It offers interior systems, including floor consoles, cargo management systems, interior trims, seat backs, load floor/deck boards, knee/sides, and door panels; exterior systems, such as spoilers, running boards, bumper systems, body side moldings, rocker panels, cladding, cargo management systems, bed extenders, and roof ditch moldings; and HVAC distribution systems comprising defrosters, I/P and floor products, auxiliary products, battery cooling products, brake cooling ducts, air guides, aspirators, and module components.
Featured Articles
- Falling Copper Prices Weigh On Freeport McMoran’s Earnings, But Long Term Fundamentals Intact
- Snap Stock Falters As Growth Slows To Record Low
- Lackluster Results Provide An Opportunity In Tractor Supply Company
- Verizon Shares Drop On Earnings Miss, Lower Guidance
- Salesforce Stock is a Resilient Best-of Breed CRM Play
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider ABC Technologies, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and ABC Technologies wasn’t on the list.
While ABC Technologies currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The 5 Stocks Here
Complete the form below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter:
In this episode, Kate chats with regular guest Rob Isbitts, who, as always, debunks some traditional investing ideas, such as “buy the dip” and only going long while the market is in rally mode.
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.
Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.
Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.
As Featured By:
MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.
Twitter Facebook StockTwits Financial Juice YouTube
© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.
Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds
© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.