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

Bombardier, Inc. Class B (TSE:BBD.BGet Free Report) has received a consensus rating of “Moderate Buy” from the ten analysts that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is C$298.83.

A number of research firms recently commented on BBD.B. Scotiabank raised shares of Bombardier, Inc. Class B from a “sector perform” rating to a “sector outperform” rating and boosted their price objective for the stock from C$295.00 to C$305.00 in a report on Friday, May 1st. BMO Capital Markets increased their target price on shares of Bombardier, Inc. Class B from C$300.00 to C$320.00 in a report on Friday, May 1st. Desjardins lifted their price target on shares of Bombardier, Inc. Class B from C$324.00 to C$364.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. National Bank Financial boosted their price target on Bombardier, Inc. Class B from C$296.00 to C$349.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, July 8th. Finally, Canadian Imperial Bank of Commerce upped their price target on Bombardier, Inc. Class B from C$288.00 to C$295.00 in a report on Friday, May 1st.

Check Out Our Latest Stock Analysis on Bombardier, Inc. Class B

Bombardier, Inc. Class B Stock Performance

Shares of TSE BBD.B opened at C$369.46 on Friday. The company’s fifty day moving average is C$322.40 and its two-hundred day moving average is C$279.46. The firm has a market capitalization of C$36.45 billion, a P/E ratio of 40.91, a PEG ratio of 6.26 and a beta of 1.93. Bombardier, Inc. Class B has a one year low of C$147.61 and a one year high of C$377.77.

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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