BMO Capital Markets Trims Bombardier, Inc. Class B (BBD.B) Target Price to C$4.00

Bombardier, Inc. Class B (TSE:BBD.B) had its target price cut by BMO Capital Markets from C$4.25 to C$4.00 in a report issued on Friday, BayStreet.CA reports.

BBD.B has been the topic of several other reports. CIBC boosted their price target on Bombardier, Inc. Class B from C$4.50 to C$4.75 in a research report on Friday, February 15th. TD Securities cut their target price on Bombardier, Inc. Class B from C$5.00 to C$4.25 and set a speculative buy rating on the stock in a research report on Friday, April 26th. CSFB cut their target price on Bombardier, Inc. Class B from C$4.48 to C$3.76 in a research report on Tuesday, January 22nd. Morgan Stanley reaffirmed an equal weight rating and issued a C$3.25 target price on shares of Bombardier, Inc. Class B in a research report on Friday, April 5th. Finally, National Bank Financial cut their target price on Bombardier, Inc. Class B from C$5.50 to C$5.25 and set an outperform rating on the stock in a research report on Friday, February 15th. Three equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of C$4.67.

Bombardier, Inc. Class B stock opened at C$2.21 on Friday. The company has a market cap of $4.57 billion and a P/E ratio of -170.00. Bombardier, Inc. Class B has a one year low of C$1.96 and a one year high of C$4.16.

Bombardier, Inc. Class B Company Profile

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide. The company operates in four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation. The Business Aircraft segment designs, manufactures, and provides aftermarket support for Learjet, Challenger, and Global business jets.

Further Reading: Producer Price Index (PPI)

Analyst Recommendations for Bombardier, Inc. Class B (TSE:BBD.B)

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