Brokerages Set Bombardier, Inc. Class B (TSE:BBD.B) Target Price at C$228.00

Bombardier, Inc. Class B (TSE:BBD.BGet Free Report) has been assigned a consensus rating of “Moderate Buy” from the eleven research firms that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is C$229.91.

Several research firms recently commented on BBD.B. Scotiabank upped their price target on shares of Bombardier, Inc. Class B from C$190.00 to C$230.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Royal Bank Of Canada lifted their price objective on shares of Bombardier, Inc. Class B from C$230.00 to C$263.00 in a research note on Wednesday, December 10th. TD Securities upped their target price on shares of Bombardier, Inc. Class B from C$181.00 to C$197.00 and gave the company a “hold” rating in a report on Friday, November 7th. BMO Capital Markets raised their price target on Bombardier, Inc. Class B from C$225.00 to C$240.00 in a report on Monday, November 10th. Finally, Raymond James Financial boosted their price target on Bombardier, Inc. Class B from C$234.00 to C$263.00 and gave the company an “outperform” rating in a research report on Tuesday, December 2nd.

Read Our Latest Stock Analysis on Bombardier, Inc. Class B

Bombardier, Inc. Class B Trading Up 0.6%

Shares of TSE BBD.B opened at C$226.04 on Thursday. The stock has a market cap of C$22.42 billion, a P/E ratio of 61.26, a P/E/G ratio of 6.26 and a beta of 1.38. Bombardier, Inc. Class B has a twelve month low of C$71.79 and a twelve month high of C$236.23. The stock has a 50 day moving average of C$207.97 and a two-hundred day moving average of C$171.87.

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

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