Bombardier, Inc. Class B (TSE:BBD.B) Receives C$309.00 Consensus Price Target from Analysts

Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) has received a consensus rating of “Hold” from the ten brokerages that are currently covering the stock, MarketBeat reports. One equities research 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 objective among brokerages that have updated their coverage on the stock in the last year is C$309.00.

BBD.B has been the topic of several research reports. National Bank Financial raised their price target on Bombardier, Inc. Class B from C$349.00 to C$379.00 and gave the company a “sector perform” rating in a research note on Friday, July 31st. 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 research note on Wednesday, June 10th. Canadian Imperial Bank of Commerce increased their target price on shares of Bombardier, Inc. Class B from C$288.00 to C$295.00 in a report on Friday, May 1st. Scotiabank upgraded shares of Bombardier, Inc. Class B from a “sector perform” rating to a “sector outperform” rating and increased their target price for the stock from C$295.00 to C$305.00 in a report on Friday, May 1st. Finally, UBS Group raised their target price on shares of Bombardier, Inc. Class B from C$253.00 to C$315.00 in a research report on Friday, May 1st.

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Bombardier, Inc. Class B Stock Up 1.4%

BBD.B opened at C$341.71 on Tuesday. The stock’s fifty day moving average is C$337.11 and its two-hundred day moving average is C$290.78. The company has a market capitalization of C$33.71 billion, a P/E ratio of 38.01, a PEG ratio of 6.26 and a beta of 1.94. Bombardier, Inc. Class B has a 52 week low of C$150.81 and a 52 week high of C$377.77.

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.

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