What are Ballard Power Systems' stock price targets?

14 equities research analysts have issued 1 year price objectives for Ballard Power Systems' shares. Their BLDP share price targets range from $3.50 to $6.00. On average, they expect the company's stock price to reach $4.33 in the next year. This suggests a possible upside of 18.5% from the stock's current price.

Why is Bombardier stock not on the TSX?

After the company saw shares fall below $1, it was no longer included on the TSX. Combining its shares allowed for the company to stay on the index without losing any of its value. This was especially concerning, as fears of a recession or at least a bear market remain. As we can see, Bombardier stock isn’t the only one falling lately.

Where is Ballard Power Systems headquartered?

It focuses on power product markets of heavy duty motive, portable power, material handling, and backup power, as well as the delivery of technology solutions. The company was founded in 1979 and is headquartered in Burnaby, Canada. BLDP | Complete Ballard Power Systems Inc. stock news by MarketWatch.

How many shares can a TSX issuer buy?

Under the current rules3 of the Toronto Stock Exchange ("TSX"), an issuer can purchase up to the greater of 5% of its outstanding shares or 10% of its public float (outstanding shares excluding shares held by insiders) in a 12-month period, but not more than 2% of the shares in any 30-day period.