Bombardier, Inc. Class B (TSE:BBD.B) Price Target Raised to C$350.00

Bombardier, Inc. Class B (TSE:BBD.B – Free Report) had its price target upped by JPMorgan Chase & Co. from C$295.00 to C$350.00 in a research note released on Monday,BayStreet reports.

Other analysts have also issued research reports about the company. Desjardins lifted their price objective on 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. TD boosted their price target on Bombardier, Inc. Class B from C$306.00 to C$320.00 and gave the stock a “hold” rating in a report on Monday, August 3rd. BMO Capital Markets raised 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. Royal Bank Of Canada increased their price target on shares of Bombardier, Inc. Class B from C$383.00 to C$406.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Finally, National Bank Financial upped their price objective on Bombardier, Inc. Class B from C$349.00 to C$379.00 and gave the company a “sector perform” rating in a research report on Friday, July 31st. 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, Bombardier, Inc. Class B has an average rating of “Hold” and a consensus price target of C$320.25.

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Bombardier, Inc. Class B Trading Down 1.0%

Shares of BBD.B stock opened at C$298.80 on Monday. Bombardier, Inc. Class B has a 12 month low of C$150.81 and a 12 month high of C$377.77. The stock has a market cap of C$29.48 billion, a PE ratio of 33.24, a price-to-earnings-growth ratio of 6.26 and a beta of 1.94. The company’s fifty day moving average price is C$337.39 and its 200-day moving average price is C$294.94.

Bombardier, Inc. Class B Company Profile

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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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