Bombardier, Inc. Class B (TSE:BBD.B) Receives Average Rating of “Hold” from Brokerages

Bombardier, Inc. Class B (TSE:BBD.B) has earned a consensus rating of “Hold” from the eleven research firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is C$281.77.

Several research firms have commented on BBD.B. TD increased their price objective on shares of Bombardier, Inc. Class B from C$284.00 to C$292.00 and gave the company a “hold” rating in a report on Monday. BMO Capital Markets lifted their target price on Bombardier, Inc. Class B from C$300.00 to C$320.00 in a report on Friday, May 1st. UBS Group boosted their target price on Bombardier, Inc. Class B from C$253.00 to C$315.00 in a research report on Friday, May 1st. Royal Bank Of Canada increased their price target on Bombardier, Inc. Class B from C$298.00 to C$332.00 and gave the company an “outperform” rating in a research note on Friday, May 1st. Finally, Scotiabank upgraded Bombardier, Inc. Class B from a “sector perform” rating to a “sector outperform” rating and raised their price target for the company from C$295.00 to C$305.00 in a report on Friday, May 1st.

Bombardier, Inc. Class B Stock Performance

BBD.B opened at C$301.93 on Thursday. The stock has a market capitalization of C$29.79 billion, a price-to-earnings ratio of 33.44, a PEG ratio of 6.26 and a beta of 1.99. The company has a fifty day moving average of C$275.35 and a 200 day moving average of C$255.38. Bombardier, Inc. Class B has a fifty-two week low of C$101.25 and a fifty-two week high of C$329.16.

About Bombardier, Inc. Class B

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