Brokerages Set Bombardier, Inc. Class B (TSE:BBD.B) Target Price at C$325.62

Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) has been assigned an average recommendation of “Hold” from the eleven analysts that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is C$325.62.

A number of analysts recently issued reports on the company. Stifel Nicolaus set a C$390.00 price target on Bombardier, Inc. Class B and gave the stock a “buy” rating in a research report on Tuesday, September 8th. TD upped their price target on shares of Bombardier, Inc. Class B from C$306.00 to C$320.00 and gave the stock a “hold” rating in a research report on Monday, August 3rd. Royal Bank Of Canada raised their price objective on Bombardier, Inc. Class B from C$383.00 to C$406.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. National Bank Financial set a C$379.00 price target on Bombardier, Inc. Class B and gave the stock a “sector perform” rating in a research report on Tuesday, September 8th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Bombardier, Inc. Class B from C$295.00 to C$350.00 in a research report on Monday, August 31st.

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Bombardier, Inc. Class B Price Performance

TSE BBD.B opened at C$304.55 on Friday. The business has a 50 day simple moving average of C$331.18 and a two-hundred day simple moving average of C$298.07. Bombardier, Inc. Class B has a 1-year low of C$176.29 and a 1-year high of C$377.77. The stock has a market capitalization of C$30.04 billion, a PE ratio of 33.88, a P/E/G ratio of 6.26 and a beta of 1.66.

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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