Brokerage Expectations in Spotlight for BlackBerry Limited (NASDAQ:BBRY), HP Inc (NYSE:HPQ)

BlackBerry Limited (NASDAQ:BBRY) shares have a current ABR (average broker recommendation) of 2.91. This recommendation is offered by Zacks Research. The rating lands on a sliding numerical scale from 1 to 5. A recommendation of 5 would indicate a Strong Sell, and a 1 would signify a Strong Buy. The mean rating may help provide a general sense of analyst sentiment on company shares.

Sell-side analysts taken into consideration by Zacks have also provided price target estimates on shares of BlackBerry Limited (NASDAQ:BBRY). The highest current target is $10.5. The lowest price target out of the polled analysts is presently $6. The consensus target price is currently noted at $8.218. Analysts may employ various techniques to help predict future stock price levels.

On the earnings front, BlackBerry Limited (NASDAQ:BBRY) is expected to post quarterly earnings per share of $-0.04. This is the current consensus figure provided by Zacks. Investors and analysts will be looking for the company to next post earnings on or around 2017-06-22. BlackBerry Limited (NASDAQ:BBRY) most recently reported quarterly EPS of $-0.01 for the quarter ending 2017-02-28. The gap between the actual and the projected estimate leading up to earnings created a surprise factor of 75%.

In the most recent session, HP Inc (NYSE:HPQ) shares have traded +0.654%. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $0.550 away from the 50-day moving average of $17.155 and $2.085 away from the 200-day moving average of $15.620. From a different angle, the stock has been recently recorded -1.420% off of the 52-week high of 17.960 and +56.543% removed from the 52-week low of 11.310. 

Currently, HP Inc. Common Stock has a price to earnings ratio of 12.077. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of 6.140.

Price Target Update

Analysts polled by Thomson Reuters have set a consensus target price of $17.540 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.

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