Bombardier, Inc. Class B (TSE:BBD.B – Get 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
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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