Bombardier, Inc. Class B (TSE:BBD.B) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Bombardier, Inc. Class B (TSE:BBD.BGet Free Report) have been given an average rating of “Moderate Buy” by the ten brokerages that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is C$256.50.

Several equities research analysts recently weighed in on BBD.B shares. BMO Capital Markets increased their target price on shares of Bombardier, Inc. Class B from C$240.00 to C$300.00 and gave the company an “outperform” rating in a research note on Wednesday, January 21st. National Bank Financial lowered their price target on Bombardier, Inc. Class B from C$290.00 to C$286.00 and set an “outperform” rating on the stock in a research note on Friday, February 13th. TD Securities upped their price target on Bombardier, Inc. Class B from C$276.00 to C$280.00 and gave the company a “hold” rating in a report on Friday, February 13th. Royal Bank Of Canada raised their price objective on Bombardier, Inc. Class B from C$263.00 to C$287.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Finally, Scotiabank lowered Bombardier, Inc. Class B from an “outperform” rating to a “sector perform” rating and lifted their price objective for the stock from C$230.00 to C$295.00 in a report on Wednesday, January 21st.

Read Our Latest Report on BBD.B

Bombardier, Inc. Class B Price Performance

TSE BBD.B opened at C$237.37 on Friday. The company’s fifty day moving average is C$253.22 and its two-hundred day moving average is C$225.53. Bombardier, Inc. Class B has a 52-week low of C$71.79 and a 52-week high of C$283.99. The firm has a market capitalization of C$23.50 billion, a price-to-earnings ratio of 26.52, a P/E/G ratio of 6.26 and a beta of 1.70.

About Bombardier, Inc. Class B

(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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