155675 (BLD.TO) (TSE:BLD) Lowered to Hold Rating by Hsbc Global Res

Hsbc Global Res lowered shares of 155675 (BLD.TO) (TSE:BLD) (NASDAQ:BLDP) from a strong-buy rating to a hold rating in a report released on Wednesday, Zacks.com reports.

A number of other equities analysts have also recently issued reports on the company. Cibc World Mkts cut 155675 (BLD.TO) from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 13th. TD Securities lowered 155675 (BLD.TO) from a “hold” rating to a “strong sell” rating in a report on Monday, August 12th. Finally, Cormark downgraded 155675 (BLD.TO) from a “moderate buy” rating to a “hold” rating in a research note on Monday, September 16th.

155675 (BLD.TO) Stock Performance

155675 has a one year low of C$49.61 and a one year high of C$2.32.

155675 (BLD.TO) (TSE:BLD) (NASDAQ:BLDP) last released its earnings results on Tuesday, November 5th. The company reported C($0.26) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.18) by C($0.08). The company had revenue of C$20.13 million during the quarter, compared to analyst estimates of C$33.89 million.

155675 (BLD.TO) Company Profile

Ballard Power Systems Inc is engaged in the design, development, manufacture, sale and service of proton exchange membrane (PEM) fuel cell products for a range of applications, focusing on the power product markets of heavy-duty motive (consisting of bus and tram applications), portable power, material handling and backup power, as well as the delivery of technology solutions, including engineering services, technology transfer and the license and sale of its intellectual property portfolio and fundamental knowledge for a range of fuel cell applications.