Stifel Nicolaus set a C$390.00 price target on Bombardier, Inc. Class B (TSE:BBD.B – Free Report) in a research note issued to investors on Tuesday,BayStreet reports. The firm currently has a buy rating on the stock.
Several other equities analysts have also commented on the company. BMO Capital Markets increased their price objective on Bombardier, Inc. Class B from C$350.00 to C$375.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. JPMorgan Chase & Co. boosted their target price on Bombardier, Inc. Class B from C$295.00 to C$350.00 in a research report on Monday, August 31st. Royal Bank Of Canada upped their target price on Bombardier, Inc. Class B from C$383.00 to C$406.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. National Bank Financial set a C$379.00 price target on shares of Bombardier, Inc. Class B and gave the company a “sector perform” rating in a research report on Tuesday. Finally, Desjardins lifted their price target 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. Six analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given 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$325.62.
Get Our Latest Analysis on BBD.B
Bombardier, Inc. Class B Stock Up 0.9%
BBD.B opened at C$305.72 on Tuesday. The stock has a market cap of C$30.16 billion, a PE ratio of 34.01, a P/E/G ratio of 6.26 and a beta of 1.66. Bombardier, Inc. Class B has a 52 week low of C$158.30 and a 52 week high of C$377.77. The business’s fifty day simple moving average is C$335.37 and its 200 day simple moving average is C$296.98.
About Bombardier, Inc. Class B
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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