AirBoss of America (TSE:BOS – Free Report) had its target price decreased by CIBC from C$5.75 to C$4.00 in a research report sent to investors on Thursday morning, BayStreet.CA reports.
Several other equities analysts also recently commented on BOS. TD Securities dropped their price objective on AirBoss of America from C$7.50 to C$7.00 in a research note on Thursday. Cormark increased their price target on AirBoss of America from C$5.25 to C$6.00 in a research note on Friday, May 10th. Finally, National Bankshares lowered their price objective on AirBoss of America from C$6.25 to C$5.75 and set a sector perform rating on the stock in a research note on Tuesday, July 16th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of Hold and an average price target of C$5.55.
Get Our Latest Stock Analysis on AirBoss of America
AirBoss of America Price Performance
AirBoss of America Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be paid a dividend of $0.035 per share. The ex-dividend date of this dividend is Monday, September 30th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 3.39%. AirBoss of America’s payout ratio is -5.69%.
Insider Activity
In other news, Director Peter Grenville Schoch purchased 10,000 shares of AirBoss of America stock in a transaction dated Tuesday, May 28th. The stock was purchased at an average cost of C$5.75 per share, for a total transaction of C$57,500.00. 34.90% of the stock is owned by company insiders.
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.
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