Bombardier, Inc. Class B (TSE:BBD.B) Receives C$257.42 Consensus Price Target from Analysts

Bombardier, Inc. Class B (TSE:BBD.B) has earned an average recommendation of “Hold” from the ten analysts that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is C$257.42.

A number of equities research analysts recently weighed in on the company. Desjardins boosted their price objective on Bombardier, Inc. Class B from C$260.00 to C$305.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Royal Bank Of Canada boosted their price objective on Bombardier, Inc. Class B from C$287.00 to C$298.00 in a research report on Monday, April 13th. Scotiabank lowered Bombardier, Inc. Class B from an “outperform” rating to a “sector perform” rating and boosted their price objective for the stock from C$230.00 to C$295.00 in a research report on Wednesday, January 21st. The Goldman Sachs Group lowered Bombardier, Inc. Class B from a “neutral” rating to a “sell” rating and boosted their price objective for the stock from C$184.00 to C$191.00 in a research report on Monday, January 26th. Finally, TD Securities boosted their price objective on Bombardier, Inc. Class B from C$276.00 to C$280.00 and gave the stock a “hold” rating in a research report on Friday, February 13th.

Bombardier, Inc. Class B Price Performance

Shares of BBD.B stock opened at C$267.00 on Wednesday. The firm has a market capitalization of C$26.43 billion, a P/E ratio of 29.83, a P/E/G ratio of 6.26 and a beta of 1.80. Bombardier, Inc. Class B has a twelve month low of C$81.02 and a twelve month high of C$283.99. The stock’s fifty day simple moving average is C$254.67 and its 200 day simple moving average is C$234.22.

Bombardier, Inc. Class B Company Profile

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide.
Bombardier Inc was incorporated in 1902 and is based in Dorval, Canada.