National Bank Financial Raises Bombardier, Inc. Class B (TSE:BBD.B) Price Target to C$349.00

Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) had its target price hoisted by equities researchers at National Bank Financial from C$296.00 to C$349.00 in a research report issued on Wednesday,BayStreet.CA reports. The firm presently has a “sector outperform” rating on the stock. National Bank Financial’s price objective suggests a potential upside of 1.72% from the company’s previous close.

Several other equities analysts have also weighed in on BBD.B. Canadian Imperial Bank of Commerce upped their price objective on shares of Bombardier, Inc. Class B from C$288.00 to C$295.00 in a report on Friday, May 1st. Royal Bank Of Canada upped their target price on Bombardier, Inc. Class B from C$332.00 to C$383.00 and gave the stock an “outperform” rating in a research report on Monday, June 29th. Desjardins upped their price objective on shares of Bombardier, Inc. Class B from C$324.00 to C$364.00 and gave the stock a “buy” rating in a report on Wednesday, June 10th. BMO Capital Markets lifted their price target on Bombardier, Inc. Class B from C$300.00 to C$320.00 in a research note on Friday, May 1st. Finally, TD boosted their price objective on Bombardier, Inc. Class B from C$284.00 to C$292.00 and gave the stock a “hold” rating in a report on Monday, June 8th. Seven investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$289.77.

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Bombardier, Inc. Class B Price Performance

Shares of TSE:BBD.B traded down C$3.61 during mid-day trading on Wednesday, hitting C$343.11. The company had a trading volume of 121,601 shares, compared to its average volume of 363,398. Bombardier, Inc. Class B has a one year low of C$147.61 and a one year high of C$347.99. The firm has a fifty day moving average price of C$299.68 and a 200 day moving average price of C$268.02. The company has a market capitalization of C$33.85 billion, a PE ratio of 38.00, a price-to-earnings-growth ratio of 6.26 and a beta of 1.93.

About Bombardier, Inc. Class B

(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.

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