The Globe and Mail reports in its Tuesday, Nov. 18, edition that National Bank Financial analyst Baltej Sidhu continues to rank Ballard Power Systems "sector perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Sidhu's share target soared $1.15 to $3.15 (all figures U.S.). Analysts on average target the shares at $2,54. Mr. Sidhu says in a note: "Q3 results highlight continued execution, clearer margin traction, and a solid liquidity position. The hydrogen market has rallied over the past few months, driven by supportive policy signals and improving project economics across the value chain. With this and revisions to our estimates, we have raised our target price." " The Globe reported on Oct. 1, 2024, March 19, 2025, and April 18, 2025, that Citi analyst Vikram Bagri rated Ballard Power "neutral." The shares could then be had for $1.76, $1.34 and $1.13.
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