Maxar Technologies Ltd (TSE:MAXR) has been assigned an average rating of “Buy” from the seven ratings firms that are presently covering the company, Marketbeat reports. Five research analysts have rated the stock with a buy rating. The average 1 year target price among brokers that have issued ratings on the stock in the last year is C$72.43.
A number of brokerages have commented on MAXR. Royal Bank of Canada reduced their price objective on Maxar Technologies from C$75.00 to C$73.00 and set an “outperform” rating for the company in a research report on Tuesday, July 24th. BMO Capital Markets cut their target price on Maxar Technologies from C$81.00 to C$76.00 and set an “outperform” rating for the company in a research report on Wednesday, August 1st. Finally, CIBC cut their target price on Maxar Technologies from C$88.00 to C$82.50 and set an “outperform” rating for the company in a research report on Wednesday, August 1st.
Shares of MAXR stock traded down C$0.30 during mid-day trading on Friday, reaching C$36.07. The stock had a trading volume of 312,100 shares, compared to its average volume of 298,129. Maxar Technologies has a one year low of C$34.12 and a one year high of C$86.67.
About Maxar Technologies
Maxar Technologies Ltd., a space and geospatial intelligence company, provides satellites, earth imagery, geospatial data, and analytics for the commercial and government customers worldwide. The company operates through three segments: Space Systems, Imagery, and Services. The Space Systems segment supplies space and ground based infrastructure and information solutions, including communication and imaging satellites, payloads and antenna subsystems, space-based and airborne surveillance solutions, and associated ground infrastructure and support services for communications and surveillance and intelligence applications.
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