The BlackBerry brand may soon appear on tablets, wearables, and more

The stock exchanged hands 15.65M shares versus average trading capacity of 5.55M shares, while its shares' total market worth is $4.60B along with 530.50M outstanding shares.

Other analysts have also issued reports about the stock.

RBC moved its rating on BlackBerry to "Sector Perform" while eliminating its speculative risk qualifier on the stock. Global Equities Research assumed coverage on BlackBerry in a report on Monday, March 13th. They issued an overweight rating and a $11.00 price objective for the company.

BlackBerry Limited has 1 year price target of $7.92. TD Securities restated a "buy" rating and issued a C$10.00 price objective on shares of BlackBerry in a research note on Monday, January 9th. These price targets are a consensus analysis of 15 brokers. BBRY stock gained 11.5% in Friday's session to close at $7.75 and is likely to continue the positive momentum. BlackBerry broke out to over a 3-month high and re-crossed its 50 and 200-day moving averages. Investors are also happy that the company is no longer burning cash on old technologies, but still, investors were anxious Blackberry might run out of money. According to these analysts, the Low Revenue Estimate for BlackBerry Limited is 271.63 Million and the High Revenue Estimate is 315 Million. BlackBerry also saw no holiday quarter bump in sales. The Return on Investment (ROI) is at -3.3% while it's Return on Equity (ROE) value stands at -55.6%. The company earned $297 million during the quarter, compared to analyst estimates of $288.45 million.

As per a report from Crack Berry, the company's CEO John Chen recently announced at BlackBerry's earnings call that they will now be moving to the next phase in their new licensing strategy.


The company reported an impressive total revenue of 2.16 Billion in the last fiscal year.

Several sell side analysts reviewed their recommendations on BlackBerry Limited (BBRY) where 0 analyst have rated the stock as Strong Buy, 2 analysts said it's a Buy, 12 rated the stock as Hold, 6 analysts reported Underperform and 0 analysts gave their recommendations as Sell.

COPYRIGHT VIOLATION WARNING: This news story was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this story on another domain, it was stolen and reposted in violation of U.S. and worldwide trademark & copyright laws. The legal version of this report can be read at https://sportsperspectives.com/2017/04/03/blackberry-ltd-bbry-given-a-10-65-price-target-by-scotiabank-analysts.html.

Several large investors have recently bought and sold shares of the company. UBS Asset Management Americas Inc. increased its stake in BlackBerry by 7.9% in the fourth quarter. Iridian Asset Management LLC CT now owns 20,935,089 shares of the smartphone producer's stock worth $144,243,000 after buying an additional 6,525,809 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in BlackBerry by 0.4% in the third quarter.

While looking at the Stock's Performance, BlackBerry Limited now shows a Weekly Performance of 9.62%, where Monthly Performance is 12.48%, Quarterly performance is 11.51%, 6 Months performance is -2.39% and yearly performance percentage is 3.61%.

Related News:

  • Israeli cabinet approves new settlement, first in 2 decades

    Israel says the status of settlements as well as other issues, such as security, should be resolved in peace talks. Turkey also condemned the Israeli decision in a statement released Friday.

    Rays' Dickerson gets 1st hit, run of new major league season

    Tanaka is a veteran who should bounce back in his next start and eventually get his ERA back down to his normal 3.12 ERA. He gave up a two-run home run to Longoria in the second inning and it was a stupid homer.
    PV Sindhu enters final of India Open World Superseries

    PV Sindhu enters final of India Open World Superseries

    PV Sindhu completed her fourth career victory over Carolina Marin, as she notched-up a 21-19, 21-16 win, in front of a home crowd. She lost the first point but won the subsequent to win the second game 21-16 and become the Women's Singles champion.
  • AOL and Yahoo Merge to Become… OATH

    AOL and Yahoo Merge to Become… OATH

    Department of Justice indicted four men, including two officers with Russia's FSB security agency, in connection with those hacks. A rep for Yahoo declined to comment beyond a statement from Mayer when the Verizon deal was first announced past year .
    Meeting with Patriots on Monday

    Meeting with Patriots on Monday

    Peterson, 32, spent the first 10 years of his career with the Vikings, although he played just three games in 2016. Even though Blount had a good season for the Patriots, they don't appear to be in a rush to bring him back.
    Choose between tourism and terrorism: Modi tells Kasmiri youth

    Choose between tourism and terrorism: Modi tells Kasmiri youth

    It is part of the National Highway Authority of India's project between Jammu and Srinagar, along National Highway 44. The estimated value of daily fuel savings will be to the tune of Rs 27 lakh, according to the PMO.
  • Rob Gronkowski Rushes Ring at Wrestlemania, Does Wrestling to Wrestler

    Rob Gronkowski Rushes Ring at Wrestlemania, Does Wrestling to Wrestler

    The backstory: Gronk is buddies with wrestler Mojo Rawley (this bond appears to be legitimate, based on a post-match interview ). In one of the early and most insane moments of WrestleMania 33, an National Football League superstar stepped into the ring.
    Atlanta Braves set 25-man roster for opening day

    Atlanta Braves set 25-man roster for opening day

    Cabrera's single - his third hit of the day - scored Flores, who was initially called out but ruled safe on a replay challenge. The teams play the second game of the series on Wednesday night at 7:10, with Jacob deGrom against former Met Bartolo Colon.
    Tillerson in South Korea:

    Tillerson in South Korea: "Strategic Patience" With North Korean Regime "Has Ended"

    Tillerson also visited South Korea and China before wrapping up his first visit to Asia as a Secretary of State. But the United States has already rejected Wang's proposal of the so-called "double suspension".
  • Distracted Driving in Chilliwack got the bucket treatment this week

    Distracted Driving in Chilliwack got the bucket treatment this week

    The Connecticut Department of Transportation urges you to put your phone down when you get behind the wheel. When you get behind the wheel, be an example to your family and friends by putting your phone away.

    Shiv Sena seeks explanation from MP for assaulting Air India staffer

    I am a Shiv Sena MP and will not tolerate any insult. "I will not apologise.He (AI Manager Sukumar) should come and apologise". I am not saying no action has to be taken. "Let me see and study it first, then I can say anything over it", she added.
    We Happy Few signs a movie deal, says Variety

    We Happy Few signs a movie deal, says Variety

    Though it's still only in early access, dystopian survival title We Happy Few is already the subject of some big film plans. Dj2 CEO Dmitri Johnson also states that the studio's goal is to remain true to the game's source material.


Most liked

YWCA hosts Equal Pay for Women Day event
The date "symbolizes how far into the year women must work to earn what men earned in the previous year", the group had said. Catherine Crosby of Dayton Human Relations Council said all that missing money can add up to thousands of dollars per year.

Roger Federer, Microsoft's Gates to play doubles for charity
Federer leads the points race for a spot in the ATP World Tour Finals in London-by a significant margin. Both players agreed the match was closer than the score and decided by a handful of points.

A New Patch Coming Thursday, Future to Address Most Concerns
EA often outsources work and animation from one internal studio to others, so this is nothing new for the publisher . Mass Effect Andromeda has been under fire since its release for its plethora of bugs and awkward animation.

Marvel's Iron Fist: What Does The Ending Really Mean?
Thomas, who wasn't involved in the new series, bashed the debate over cultural appropriation, saying it's "crap". But I would have found it easier to write about a Caucasian, so that's one reason I probably did it.

Supreme Court sets higher bar for education of students with disabilities
That family said their 5th grader with autism was turned away from a Douglas County public school because of his special needs. As is the situation with most Supreme Court cases, however, the ruling affects more than just the plaintiff named in the case.

De Blasio Says No Plans for Jail on Staten Island
Once the goal is reached, this would allow the majority of inmates to depart from Rikers, causing the facility to close. Last week Mayor de Blasio estimated a 10 year timeline before Rikers could be completely shut down.

Modi congratulates J&K youth for building Chenani - Nashri Tunnel
Modi earlier inaugurated a new 10.9 km road tunnel which will shorten the driving time between Jammu and Srinagar by two hours. It has traffic and fire control systems, video surveillance, FM connectivity and transverse ventilation systems.

State Will Spend $47 Million More on Flint Under Proposed Lawsuit Settlement
The agreement requires the State of MI to provide almost $100 million to the City for replacement of Flint's lead service lines. More money on its way to replace thousands of lead water pipes in Flint, Michigan.

More Democratic senators voice opposition to Trump's Supreme Court pick
McCaskill's statement on Friday stressed Gorsuch's opinions show he "always puts the little guy under the boot of corporations". Michael Bennet of Colorado, Jon Tester of Montana and Joe Donnelly of IN , and are also hoping for support from Sen.

Samsung Electronics' mobile chief says Galaxy S8 sales to beat S7's
The Galaxy S8 release comes after Samsung was forced to recall its Note 7 phones for catching fire due to overheating batteries. When viewing a photo, just say "send this to Bob" to pull up messaging options and contact information for the Bobs you know.

Perfect pick: North Carolina seventh-grader nails Final Four
Like South Carolina, the Bulldogs overcame a poor shooting performance (25-of-67) with an intensity that can not be measured. He missed his second free throw on goal but Gonzaga's Zach Collins rebounded and made two free throws to clinch it.

UK PM Theresa May triggers Brexit process
He jibed that there would be no extra punishment for Britain because "Brexit in itself is already punitive enough". But he hinted that trade talks might begin before the deal was concluded if Mrs May was deemed to be co-operating.

Munster to face Saracens in Dublin for place in final
Two more Farrell penalties made it 9-3 before the try Saracens had threatened arrived in the 31st minute. The scoring ran away and it wasn't a reflection of the game. "As a group we will learn".

Mo Adeniran wins The Voice UK final 2017
Bowing out of the competition with a faultless rendition of Ed Sheeran's Shape of You he praised his mentor for her encouragement. Adeniran took the title following blistering performances of Paolo Nutini's Iron Sky and Unsteady by X Ambassadors.

New York Knicks: Derrick Rose Tears Meniscus, Out For Season
He has been mostly healthy during his lone season with the Knicks, averaging 18 points and 4.4 assists over 64 games. Rose will miss the remainder of the season with a torn meniscus, per Adrian Wojnarowski of The Vertical .