Bombardier, Inc. Class B (TSE:BBD.B) Receives C$297.67 Average Price Target from Analysts

Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the ten research firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is C$297.67.

A number of brokerages have issued reports on BBD.B. Desjardins raised 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 report on Wednesday, June 10th. Royal Bank Of Canada increased their target price on shares of 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 raised their target price on Bombardier, Inc. Class B from C$300.00 to C$320.00 in a research note on Friday, May 1st. UBS Group boosted their price target on Bombardier, Inc. Class B from C$253.00 to C$315.00 in a report on Friday, May 1st. Finally, Canadian Imperial Bank of Commerce upped their price target on Bombardier, Inc. Class B from C$288.00 to C$295.00 in a research report on Friday, May 1st.

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Bombardier, Inc. Class B Price Performance

Shares of TSE BBD.B opened at C$366.24 on Friday. The firm’s fifty day moving average is C$318.11 and its 200 day moving average is C$277.57. Bombardier, Inc. Class B has a 52 week low of C$147.61 and a 52 week high of C$371.49. The company has a market cap of C$36.13 billion, a price-to-earnings ratio of 40.56, a PEG 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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