AirBoss of America (TSE:BOS) Rating Increased to Neutral at CIBC

CIBC upgraded shares of AirBoss of America (TSE:BOS) from an underperform rating to a neutral rating in a research note released on Wednesday,BayStreet.CA reports. They currently have C$5.00 price objective on the stock, up from their previous price objective of C$4.00.

Separately, TD Securities boosted their price objective on AirBoss of America from C$7.00 to C$8.00 and gave the stock a “buy” rating in a report on Wednesday, September 11th.

AirBoss of America Stock Up 8.0 %

Shares of TSE BOS opened at C$4.05 on Wednesday. The company has a debt-to-equity ratio of 92.36, a current ratio of 2.17 and a quick ratio of 1.07. The company has a 50-day moving average price of C$4.52 and a 200-day moving average price of C$4.99. The stock has a market capitalization of C$109.88 million, a P/E ratio of -1.48, a P/E/G ratio of -550.53 and a beta of 2.05. AirBoss of America has a 1 year low of C$3.68 and a 1 year high of C$6.31.

AirBoss of America Company Profile

AirBoss of America Corp., together with its subsidiaries, manufactures and sells rubber-based products in Canada, the United States, and internationally. It operates through AirBoss Rubber Solutions and AirBoss Manufactured Products segments. The AirBoss Rubber Solutions segment involves in the manufacture and distribution of rubber compounds and rubber compounding related chemicals for various application in automotive, heavy industry, rollers, conveyor belting, defense, construction and infrastructure, mining, transportation, and oil and gas industries.