Analysts Set Bombardier, Inc. Class B (TSE:BBD.B) PT at C$325.62

Shares of Bombardier, Inc. Class B (TSE:BBD.B) have received a consensus recommendation of “Hold” from the eleven ratings firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is C$325.62.

BBD.B has been the subject of a number of recent analyst reports. Desjardins increased 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 note on Wednesday, June 10th. Stifel Nicolaus set a C$390.00 price objective on Bombardier, Inc. Class B and gave the company a “buy” rating in a report on Tuesday, September 8th. TD raised their target price on shares of Bombardier, Inc. Class B from C$306.00 to C$320.00 and gave the stock a “hold” rating in a report on Monday, August 3rd. Royal Bank Of Canada boosted their price target on Bombardier, Inc. Class B from C$383.00 to C$406.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Bombardier, Inc. Class B from C$295.00 to C$350.00 in a research report on Monday, August 31st.

Bombardier, Inc. Class B Stock Performance

BBD.B opened at C$301.48 on Friday. The firm has a market capitalization of C$29.74 billion, a PE ratio of 33.54, a PEG ratio of 6.26 and a beta of 1.66. Bombardier, Inc. Class B has a 52-week low of C$169.90 and a 52-week high of C$377.77. The business’s 50-day simple moving average is C$332.50 and its 200 day simple moving average is C$297.86.

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.