Today, an analyst has provided a rating update for the Technology company, Baylin Tech (BYL – Research Report). The company received a Buy rating from Raymond James’ analyst Steven Li, with a C$5.75 price target.
According to TipRanks.com, Li is a 4-star analyst with an average return of 6.4% and a 67.8% success rate. Li covers the Technology sector, focusing on stocks such as Maxar Technologies Ltd, CGI Group, and Open Text.
Baylin Tech has an analyst consensus of Moderate Buy, with a price target consensus of C$5.75.
The company has a one-year high of C$4.50 and a one-year low of C$2.90. Currently, Baylin Tech has an average volume of 29.16K.
Baylin Technologies, Inc. engages in the provision, design, manufacture, and supply of wireless antenna solution. Its products are designed for mobile devices, wireless networking devices, and wireless infrastructure. The company was founded on September 24, 2013 and is headquartered in Toronto, Canada.
The company’s shares closed on Friday at C$3.80.