Bombardier, Inc. Class B (TSE:BBD.B) Price Target Raised to C$379.00 at National Bank Financial

Bombardier, Inc. Class B (TSE:BBD.BGet Free Report) had its price objective lifted by research analysts at National Bank Financial from C$349.00 to C$379.00 in a research note issued on Friday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. National Bank Financial’s price target would indicate a potential upside of 9.58% from the stock’s previous close.

BBD.B has been the subject of a number of other research reports. BMO Capital Markets boosted their price target on Bombardier, Inc. Class B from C$300.00 to C$320.00 in a report on Friday, May 1st. Royal Bank Of Canada upped their price objective on shares of Bombardier, Inc. Class B from C$332.00 to C$383.00 and gave the stock an “outperform” rating in a research report on Monday, June 29th. UBS Group increased their price objective on shares of Bombardier, Inc. Class B from C$253.00 to C$315.00 in a research note on Friday, May 1st. TD raised their target price on shares of Bombardier, Inc. Class B from C$292.00 to C$306.00 and gave the company a “hold” rating in a research report on Tuesday. Finally, Desjardins raised their target price 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. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Bombardier, Inc. Class B currently has an average rating of “Hold” and a consensus target price of C$307.83.

Check Out Our Latest Stock Analysis on BBD.B

Bombardier, Inc. Class B Price Performance

TSE:BBD.B traded up C$15.87 during mid-day trading on Friday, reaching C$345.88. The stock had a trading volume of 240,445 shares, compared to its average volume of 357,861. The stock has a 50-day simple moving average of C$324.71 and a two-hundred day simple moving average of C$280.90. The stock has a market capitalization of C$34.12 billion, a PE ratio of 38.30, a P/E/G ratio of 6.26 and a beta of 1.93. Bombardier, Inc. Class B has a 12 month low of C$147.61 and a 12 month high of C$377.77.

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.

Further Reading

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

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