InvestorsObserver
×
News Home

Analyst Rating: Will BlackBerry Ltd (BB) Stock Beat the Market?

Thursday, September 29, 2022 01:28 PM | InvestorsObserver Analysts

Mentioned in this article

Analyst Rating: Will BlackBerry Ltd (BB) Stock Beat the Market?

Analysts who follow BlackBerry Ltd (BB) on average expect it to rise 38.95% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns BB an Analyst Ranking of 1, which means it ranks higher than 1 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 2.3
Wall Street analysts are rating BB a Hold today. Find out what this means to you and get the rest of the rankings on BB!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With BlackBerry Ltd Stock Today?

BlackBerry Ltd (BB) stock is trading at $4.75 as of 1:28 PM on Thursday, Sep 29, a loss of -$0.24, or -4.91% from the previous closing price of $4.99. The stock has traded between $4.68 and $4.99 so far today. Volume today is 5,783,392 compared to average volume of 5,221,166. Click Here to get the full Stock Report for BlackBerry Ltd stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App