Bombardier, Inc. Class B (TSE:BBD.B) Given New C$292.00 Price Target at TD

Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) had its target price lifted by analysts at TD from C$284.00 to C$292.00 in a report issued on Monday,BayStreet.CA reports. The firm currently has a “hold” rating on the stock. TD’s target price would suggest a potential downside of 2.80% from the company’s current price.

BBD.B has been the topic of a number of other reports. Desjardins raised their price objective on Bombardier, Inc. Class B from C$304.00 to C$324.00 and gave the company a “buy” rating in a research note on Friday, May 1st. TD Securities increased their target price on Bombardier, Inc. Class B from C$276.00 to C$280.00 and gave the company a “hold” rating in a research note on Friday, February 13th. Scotiabank upgraded Bombardier, Inc. Class B from a “sector perform” rating to a “sector outperform” rating and raised their price target for the company from C$295.00 to C$305.00 in a research note on Friday, May 1st. BMO Capital Markets lifted their price target on Bombardier, Inc. Class B from C$300.00 to C$320.00 in a report on Friday, May 1st. Finally, Canadian Imperial Bank of Commerce lifted their price target on Bombardier, Inc. Class B from C$288.00 to C$295.00 in a research note on Friday, May 1st. Six equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of C$278.69.

Get Bombardier Inc. Class B alerts:

Get Our Latest Report on BBD.B

Bombardier, Inc. Class B Trading Down 1.5%

BBD.B stock traded down C$4.64 during trading hours on Monday, hitting C$300.40. 122,446 shares of the stock traded hands, compared to its average volume of 373,350. Bombardier, Inc. Class B has a one year low of C$101.14 and a one year high of C$329.16. The company has a market cap of C$29.64 billion, a P/E ratio of 33.27, a P/E/G ratio of 6.26 and a beta of 1.99. The stock has a 50-day simple moving average of C$271.32 and a 200 day simple moving average of C$253.49.

Bombardier, Inc. Class B Company Profile

(Get Free Report)

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

Further Reading

• Five stocks we like better than Bombardier, Inc. Class B
• 3 Stocks With Fresh Catalysts to Watch Before the July 4
• Amprius Insiders Are Selling: Should Investors Be Worried?
• A Weaker Dollar Could Put These 3 Industrial Stocks Back in Focus
• A Market Rotation Toward Quality Will Benefit These 3 ETFs

Receive News & Ratings for Bombardier Inc. Class B Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bombardier Inc. Class B and related companies with MarketBeat.com's FREE daily email newsletter.