Bombardier, Inc. Class B (TSE:BBD.B) Price Target Raised to C$263.00

Bombardier, Inc. Class B (TSE:BBD.B) had its target price raised by National Bankshares from C$234.00 to C$263.00 in a research note issued to investors on Tuesday,BayStreet.CA reports.

A number of other analysts also recently commented on BBD.B. Scotiabank boosted their target price on shares of Bombardier, Inc. Class B from C$190.00 to C$230.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. JPMorgan Chase & Co. raised their price objective on Bombardier, Inc. Class B from C$170.00 to C$215.00 in a research report on Wednesday, November 19th. CIBC boosted their price target on shares of Bombardier, Inc. Class B from C$222.00 to C$230.00 in a report on Friday, November 7th. TD Securities boosted their price target on Bombardier, Inc. Class B from C$181.00 to C$197.00 and gave the company a “hold” rating in a research note on Friday, November 7th. Finally, BMO Capital Markets boosted their target price on shares of Bombardier, Inc. Class B from C$225.00 to C$240.00 in a research report on Monday, November 10th. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$225.00.

Bombardier, Inc. Class B Stock Performance

Shares of TSE BBD.B opened at C$233.52 on Tuesday. The stock has a fifty day moving average price of C$204.38 and a two-hundred day moving average price of C$164.37. The firm has a market cap of C$23.16 billion, a P/E ratio of 63.28, a PEG ratio of 6.26 and a beta of 1.41. Bombardier, Inc. Class B has a 1 year low of C$71.79 and a 1 year high of C$236.23.

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.