Bombardier, Inc. Class B (TSE:BBD.B) Price Target Raised to C$379.00 at National Bank Financial

Bombardier, Inc. Class B (TSE:BBD.B – Free Report) had its target price upped by National Bank Financial from C$349.00 to C$379.00 in a research note issued to investors on Friday morning,BayStreet.CA reports. National Bank Financial currently has a sector perform rating on the stock.

A number of other equities research analysts have also recently issued reports on the stock. UBS Group boosted their target price on shares of Bombardier, Inc. Class B from C$253.00 to C$315.00 in a report on Friday, May 1st. TD raised their price target on Bombardier, Inc. Class B from C$292.00 to C$306.00 and gave the stock a “hold” rating in a report on Tuesday. Royal Bank Of Canada raised their price target on Bombardier, Inc. Class B from C$332.00 to C$383.00 and gave the stock an “outperform” rating in a report on Monday, June 29th. BMO Capital Markets lifted their price target on Bombardier, Inc. Class B from C$300.00 to C$320.00 in a research report on Friday, May 1st. Finally, Canadian Imperial Bank of Commerce boosted their price objective on Bombardier, Inc. Class B from C$288.00 to C$295.00 in a research note on Friday, May 1st. Five analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of C$307.83.

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Bombardier, Inc. Class B Trading Up 2.3%

Shares of BBD.B stock opened at C$337.74 on Friday. The stock has a market capitalization of C$33.32 billion, a P/E ratio of 37.40, a PEG ratio of 6.26 and a beta of 1.93. The firm’s 50 day moving average is C$325.54 and its 200 day moving average is C$281.30. Bombardier, Inc. Class B has a 12 month low of C$147.61 and a 12 month high of C$377.77.

About Bombardier, Inc. Class B

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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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