Bombardier, Inc. Class B (TSE:BBD.B) Stock Has Consensus Target Price of C$330.62 According to Analysts

Bombardier, Inc. Class B (TSE:BBD.B) has earned a consensus recommendation of “Hold” from the eleven analysts that are presently covering the company, MarketBeat Ratings 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 target price among brokerages that have covered the stock in the last year is C$330.62.

A number of equities research analysts have recently commented on BBD.B shares. JPMorgan Chase & Co. upped their target price on shares of Bombardier, Inc. Class B from C$295.00 to C$350.00 in a report on Monday, August 31st. BMO Capital Markets increased their target price on shares of Bombardier, Inc. Class B from C$350.00 to C$375.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Royal Bank Of Canada raised their price target on Bombardier, Inc. Class B from C$383.00 to C$406.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. TD raised their price target on 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. Finally, Stifel Nicolaus set a C$390.00 price target on Bombardier, Inc. Class B and gave the company a “buy” rating in a research report on Tuesday, September 8th.

Bombardier, Inc. Class B Price Performance

Shares of TSE:BBD.B opened at C$317.02 on Friday. Bombardier, Inc. Class B has a 1-year low of C$190.51 and a 1-year high of C$377.77. The stock has a market cap of C$58.98 billion, a P/E ratio of 35.26, a P/E/G ratio of 6.26 and a beta of 1.35. The firm has a fifty day moving average price of C$313.27 and a 200 day moving average price of C$295.61.

About Bombardier, Inc. Class B

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide.
Bombardier Inc was incorporated in 1902 and is based in Dorval, Canada.