AirBoss of America (OTCMKTS:ABSSF) Price Target Raised to $28.50

AirBoss of America (OTCMKTS:ABSSF) had its price objective upped by Stifel Nicolaus from $20.00 to $28.50 in a research note issued to investors on Tuesday morning, The Fly reports. The brokerage currently has a buy rating on the stock.

Several other analysts have also commented on ABSSF. CIBC increased their target price on shares of AirBoss of America from $11.00 to $23.00 and gave the company an outperform rating in a research note on Thursday, April 2nd. TD Securities increased their target price on shares of AirBoss of America from $17.00 to $18.00 and gave the company a buy rating in a research note on Friday, May 15th. Finally, Canaccord Genuity began coverage on shares of AirBoss of America in a research note on Tuesday, June 23rd. They set a buy rating for the company.

ABSSF stock opened at $15.94 on Tuesday. AirBoss of America has a 12 month low of $3.20 and a 12 month high of $15.98. The firm has a 50 day simple moving average of $12.45 and a 200 day simple moving average of $8.59.

AirBoss of America Company Profile

AirBoss of America Corp., through its subsidiaries, develops, manufactures, and sells rubber-based products to the resource, military, automotive, and industrial markets primarily in Canada and the United States. The company operates through Rubber Solutions and Engineered Products segments. The Rubber Solutions segment is involved in the custom rubber compounding and supplying mixed rubber for use in mining, transportation, industrial rubber, military, automotive, conveyor belting, oil and gas, and other products; and distributes chemicals.

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