Bombardier, Inc. Class B (TSE:BBD.B) Price Target Raised to C$287.00

Bombardier, Inc. Class B (TSE:BBD.BFree Report) had its target price hoisted by Royal Bank Of Canada from C$263.00 to C$287.00 in a research note released on Monday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

BBD.B has been the subject of several other research reports. Desjardins lifted their price objective on Bombardier, Inc. Class B from C$239.00 to C$260.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Raymond James Financial boosted their target price on Bombardier, Inc. Class B from C$234.00 to C$263.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 2nd. Scotiabank upped their price target on shares of Bombardier, Inc. Class B from C$190.00 to C$230.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. National Bankshares increased their price objective on shares of Bombardier, Inc. Class B from C$234.00 to C$263.00 in a research report on Tuesday, December 2nd. Finally, CIBC boosted their target price on shares of Bombardier, Inc. Class B from C$222.00 to C$230.00 in a report on Friday, November 7th. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$232.09.

Read Our Latest Stock Analysis on BBD.B

Bombardier, Inc. Class B Stock Up 0.4%

Shares of TSE BBD.B opened at C$248.38 on Monday. The firm has a market cap of C$24.64 billion, a P/E ratio of 67.31, a PEG ratio of 6.26 and a beta of 1.64. Bombardier, Inc. Class B has a twelve month low of C$71.79 and a twelve month high of C$253.50. The company has a 50 day moving average of C$226.99 and a 200 day moving average of C$191.68.

About Bombardier, Inc. Class B

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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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