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AirBoss of America (OTCMKTS:ABSSF) Price Target Raised to C$49.00

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AirBoss of America logoAirBoss of America (OTCMKTS:ABSSF) had its price target boosted by equities researchers at CIBC from C$47.00 to C$49.00 in a research report issued on Tuesday, The Fly reports. The brokerage presently has an “outperform” rating on the stock.

A number of other equities analysts also recently weighed in on the stock. TD Securities downgraded shares of AirBoss of America from a “buy” rating to a “hold” rating in a research note on Tuesday, March 30th. Stifel Nicolaus upped their price target on shares of AirBoss of America from C$27.00 to C$50.00 and gave the stock a “buy” rating in a research note on Wednesday, March 17th. Finally, Canaccord Genuity dropped their price target on shares of AirBoss of America from C$51.00 to C$46.00 and set a “buy” rating on the stock in a research note on Friday, May 14th.

Shares of OTCMKTS:ABSSF opened at $27.24 on Tuesday. The company’s fifty day moving average is $32.93 and its two-hundred day moving average is $19.84. AirBoss of America has a 12-month low of $10.69 and a 12-month high of $34.87.

AirBoss of America Company Profile

AirBoss of America Corp., through its subsidiaries, develops, manufactures, and markets rubber-based products for automotive, heavy commercial, construction and infrastructure, oil and gas, and defense industries in Canada and the United States. The company operates through three segments: Rubber Solutions, AirBoss Defense Group, and Engineered Products.

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