This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

BMO Capital Resumes Coverage with a Buy Rating on Abaxx Technologies Inc (ABXX)

Tipranks - Tipranks - Fri Jun 5, 3:08AM CDT

BMO Capital analyst Etienne Ricard resumed coverage with a Buy rating on Abaxx Technologies Inc on June 2 and set a price target of C$69.00. The company’s shares closed yesterday at C$53.50.

Claim 55% Off TipRanks

According to TipRanks, Ricard is a 5-star analyst with an average return of 29.3% and a 64.83% success rate. Ricard covers the Financial sector, focusing on stocks such as goeasy, Fiera Capital A, and Sprott.

Abaxx Technologies Inc has an analyst consensus of Strong Buy, with a price target consensus of C$88.17, which is a 64.80% upside from current levels. In a report released on May 21, Canaccord Genuity also maintained a Buy rating on the stock with a C$80.50 price target.

See the top stocks recommended by analysts >>

Based on Abaxx Technologies Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of C$1.46 million and a GAAP net loss of C$20 million. In comparison, last year the company earned a revenue of C$28.33 thousand and had a GAAP net loss of C$7.59 million

Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ABXX in relation to earlier this year.

Read More on TSE:ABXX:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).