Market Movers: BlackBerry (NASDAQ:BBRY), Sun Power (NASDAQ:SPWR), Chevron (NYSE:CVX), Sigma Designs (NASDAQ:SIGM)

Shares of BlackBerry (NASDAQ:BBRY) have received an average recommendation of “Hold” from the thirty-nine ratings firms that are presently covering the company, Analyst Ratings.Net reports. Thirteen research analysts have rated the stock with a sell recommendation, seventeen have given a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $8.50.BlackBerry Ltd (NASDAQ:BBRY) shares after opening at $8.04 moved to $8.10 on last trade day and at the end of the day closed at $7.96. Company price to sales ratio in past twelve months was calculated as 0.33 and price to cash ratio as 1.53. Black Berry Ltd (NASDAQ:BBRY) showed a negative weekly performance of -3.05%.

Sun Power Corporation (NASDAQ:SPWR) installed 149 kilowatt solar power system on the rooftop of stores and warehouses of Watershed Premium Wines (Watershed) In Australia. Watershed expects to reduce electricity use by 30% and saves AU$79,000 per year from solar installation. So, cost effective clean energy will make a difference for companies that usually require high energy to operate their business. It improves their profitability by reducing their operating expenses. These will open opportunities for Sun Power to supply solar solutions to winemaking companies. Sun Power Corporation (NASDAQ:SPWR) shares advanced 3.44% in last trading session and ended the day on $30.34. SPWR return on equity ratio is recorded as 9.40% and its return on assets is 2.60%.Sun Power Corporation (NASDAQ:SPWR) yearly performance is 181.45%.

Analysts at Jefferies Group began coverage on shares of Chevron (NYSE:CVX) in a research report issued to clients and investors on Tuesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $140.00 price target on the stock. Jefferies Group’s target price would suggest a potential upside of 18.85% from the stock’s previous close. The analysts noted that the move was a valuation call. Chevron Corporation (NYSE:CVX) shares moved up 1.10% in last trading session and was closed at $119.10, while trading in range of $117.59 – 119.25. Chevron Corporation (NYSE:CVX) year to date (YTD) performance is -3.80%.

Sigma Designs (NASDAQ:SIGM) issued its quarterly earnings data on Wednesday. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by $0.14, ARN reports. The company had revenue of $38.50 million for the quarter, compared to the consensus estimate of $42.62 million. During the same quarter in the previous year, the company posted ($0.54) earnings per share. The company’s revenue for the quarter was down 12.9% on a year-over-year basis. Sigma Designs Inc (NASDAQ:SIGM) weekly performance is 0.21%. On last trading day company shares ended up $4.80. Sigma Designs Inc (NASDAQ:SIGM) distance from 50-day simple moving average (SMA50) is -1.48%. Analysts mean target price for the company is $9.00.