Bombardier, Inc. Class B (TSE:BBD.B) Price Target Raised to C$306.00

Bombardier, Inc. Class B (TSE:BBD.B) had its price target increased by TD from C$292.00 to C$306.00 in a report issued on Tuesday morning,BayStreet.CA reports. The brokerage currently has a hold rating on the stock.

A number of other equities research analysts also recently weighed in on BBD.B. Desjardins upped their target price on Bombardier, Inc. Class B from C$324.00 to C$364.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. National Bank Financial lifted their price target on Bombardier, Inc. Class B from C$296.00 to C$349.00 and gave the company a “sector outperform” rating in a research report on Wednesday, July 8th. Royal Bank Of Canada lifted their price target on Bombardier, Inc. Class B from C$332.00 to C$383.00 and gave the company an “outperform” rating in a research report on Monday, June 29th. BMO Capital Markets boosted their price objective on Bombardier, Inc. Class B from C$300.00 to C$320.00 in a research note on Friday, May 1st. Finally, Scotiabank upgraded Bombardier, Inc. Class B from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the company from C$295.00 to C$305.00 in a report on Friday, May 1st. Six research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$298.83.

Bombardier, Inc. Class B Price Performance

Bombardier, Inc. Class B stock opened at C$330.01 on Tuesday. The firm has a 50 day simple moving average of C$324.71 and a 200-day simple moving average of C$280.90. The stock has a market capitalization of C$32.56 billion, a PE ratio of 36.55, a price-to-earnings-growth ratio of 6.26 and a beta of 1.93. Bombardier, Inc. Class B has a 12-month low of C$147.61 and a 12-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.