Bombardier, Inc. Class B (TSE:BBD.B) PT Set at C$390.00 by Stifel Nicolaus

Bombardier, Inc. Class B (TSE:BBD.BGet Free Report) has been assigned a C$390.00 target price by research analysts at Stifel Nicolaus in a research note issued to investors on Tuesday, BayStreet reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price target points to a potential upside of 27.89% from the company’s current price.

A number of other brokerages have also issued reports on BBD.B. National Bank Financial set a C$379.00 target price on shares of Bombardier, Inc. Class B and gave the stock a “sector perform” rating in a research report on Tuesday. Desjardins raised their price objective on Bombardier, Inc. Class B from C$324.00 to C$364.00 and gave the stock a “buy” rating in a research note on Wednesday, June 10th. Royal Bank Of Canada upped their target price on Bombardier, Inc. Class B from C$383.00 to C$406.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. BMO Capital Markets raised their price target on Bombardier, Inc. Class B from C$350.00 to C$375.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Finally, TD upped their price objective on shares of Bombardier, Inc. Class B from C$306.00 to C$320.00 and gave the stock a “hold” rating in a research report on Monday, August 3rd. Six investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Bombardier, Inc. Class B has an average rating of “Hold” and a consensus price target of C$325.62.

Read Our Latest Analysis on Bombardier, Inc. Class B

Bombardier, Inc. Class B Stock Down 3.2%

Shares of BBD.B traded down C$10.17 during midday trading on Tuesday, reaching C$304.95. 393,024 shares of the stock were exchanged, compared to its average volume of 350,098. The stock’s 50 day simple moving average is C$336.62 and its 200 day simple moving average is C$296.32. The company has a market cap of C$30.08 billion, a P/E ratio of 33.92, a PEG ratio of 6.26 and a beta of 1.66. Bombardier, Inc. Class B has a twelve month low of C$150.81 and a twelve month 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.

Recommended Stories

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

Receive News & Ratings for Bombardier Inc. Class B Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bombardier Inc. Class B and related companies with MarketBeat.com's FREE daily email newsletter.