Raymond James Financial Increases Baylin Technologies (BYL) Price Target to C$5.50

Baylin Technologies (TSE:BYL) had its price objective lifted by Raymond James Financial from C$4.25 to C$5.50 in a research note released on Thursday morning. The brokerage currently has an outperform rating on the stock.

Shares of Baylin Technologies (TSE:BYL) traded up C$0.09 during midday trading on Thursday, hitting C$3.59. 57,828 shares of the stock traded hands, compared to its average volume of 37,636. Baylin Technologies has a 52-week low of C$1.87 and a 52-week high of C$3.70. The firm has a market capitalization of $106.35, a price-to-earnings ratio of -12.82 and a beta of -0.16.

Baylin Technologies (TSE:BYL) last announced its quarterly earnings data on Wednesday, November 1st. The company reported C$0.04 earnings per share for the quarter. Baylin Technologies had a negative net margin of 15.75% and a negative return on equity of 33.26%.

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Baylin Technologies Company Profile

Baylin Technologies Inc is a provider of wireless antenna solutions. The Company is engaged in designing, manufacturing and supplying antennas. The Company and its subsidiaries operate in the field of research, development, manufacture and sales of a range of antennas and communications solutions for the mobile, networking and wireless infrastructure markets, primarily in the Far East and North America.

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