November 19, 2019
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BlackBerry Limited (NYSE:BB) and LG Electronics expanding partnership

By on June 27, 2019 0

BlackBerry Limited (NYSE:BB)and LG Electronics Inc. are expanding a partnership that they hope will give them a bigger role as technology suppliers to the world’s auto manufacturers. Under the agreement announced Wednesday shortly after BlackBerry released its latest quarterly results, the South Korean electronics company said it will embed BlackBerry QNX software into a wide range of components.



BlackBerry Limited (NYSE:BB) shares fell -8.81% to finally closed at $7.56 in last active session. 

BB’s distance from 20 day simple moving average is -8.65% and distance from 50-Day simple moving average is -12.16%.

Analyst’s mean target price for BB is $10.95 while analysts mean recommendation is 2.70. Stock value has moved between $6.57 – 12 in last one year. Stock has got OUTPERFORM rating from 3 of Thomson Reuters analysts, 6 given HOLD rating to the stock and 2 given UNDERPERFORM rating. Analyst’s mean target price for BB is $10.95 while analysts mean recommendation is 2.70. 

BlackBerry Limited (NYSE:BB) yearly performance is -24.48% and net profit margin is 10.30%. Annual EPS Growth of past 5 years is 15.00%. The current share price indicates that stock is -37.00% away from its one year high and is moving 15.07% ahead of its 52-week low. 



On 26 June 2018, Halliburton Company (NYSE:HAL) shares edged up 3.11% and ultimately finalized to $23.20 in last traded day. Stock has got OUTPERFORM rating from 15 of Thomson Reuters analysts, 5 given HOLD rating to the stock and 0 given UNDERPERFORM rating. Analyst’s mean target price for HAL is $38.17 while analysts mean recommendation is 1.80. 



At the movement Altria Group, Inc. (NYSE:MO) is under coverage by number of analysts. Buy rating has been given by 5 analysts to the company stock whereas 2 given UNDERPERFORM rating to stock and 6 given HOLD rating. The consensus recommendation by Thomson Reuters analysts is outperform and their mean rating for the stock is 2.47 on scale of 1-5. Analysts mean target price for Altria Group, Inc. (NYSE:MO) is $58.73 while their mean recommendation is 2.50 (1=Buy, 5=sell). 

If we look at stock performance in last active day trading, we see that stock has moved fell -1.72% to end the day at $47.94. The current share price indicate that stock is -27.41% away from its one year high and is moving 13.07% ahead of its 52-week low. 

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