Ballard Power Systems Inc
BLDP: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 4.00 | Hplh | Prmbmtmm |
Ballard Earnings: European Bus Order Drives Backlog Higher; Shares Fairly Valued
We are maintaining our $3/CAD 4 fair value estimate for no-moat Ballard Power Systems following first-quarter results. We view the shares as fairly valued.