Bombardier, Inc. Class B (TSE:BBD.B) Price Target Raised to C$278.00

Bombardier, Inc. Class B (TSE:BBD.B) had its target price boosted by TD Securities from C$203.00 to C$278.00 in a research report report published on Monday morning,BayStreet.CA reports. They currently have a hold rating on the stock.

Several other research firms have also recently issued reports on BBD.B. JPMorgan Chase & Co. boosted their price objective on shares of Bombardier, Inc. Class B from C$170.00 to C$215.00 in a research report on Wednesday, November 19th. BMO Capital Markets lifted their price target on Bombardier, Inc. Class B from C$225.00 to C$240.00 in a report on Monday, November 10th. Scotiabank boosted their price objective on shares of Bombardier, Inc. Class B from C$190.00 to C$230.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. CIBC raised their price target on Bombardier, Inc. Class B from C$222.00 to C$230.00 in a report on Friday, November 7th. Finally, National Bankshares lifted their target price on shares of Bombardier, Inc. Class B from C$234.00 to C$263.00 in a research note on Tuesday, December 2nd. Six investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of C$256.27.

Bombardier, Inc. Class B Stock Performance

BBD.B opened at C$267.91 on Monday. The stock’s 50 day moving average price is C$233.68 and its 200-day moving average price is C$196.36. The stock has a market cap of C$26.57 billion, a price-to-earnings ratio of 72.60, a P/E/G ratio of 6.26 and a beta of 1.64. Bombardier, Inc. Class B has a one year low of C$71.79 and a one year high of C$276.18.

Bombardier, Inc. Class B Company Profile

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide.
Bombardier Inc was incorporated in 1902 and is based in Dorval, Canada.