Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$292.23 and traded as high as C$328.02. Bombardier, Inc. Class B shares last traded at C$315.65, with a volume of 488,334 shares changing hands.
Analyst Upgrades and Downgrades
Several brokerages recently commented on BBD.B. BMO Capital Markets lifted their price target 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 objective 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. Desjardins lifted 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. Scotiabank raised Bombardier, Inc. Class B from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the company from C$295.00 to C$305.00 in a report on Friday, May 1st. Finally, TD boosted their target price on Bombardier, Inc. Class B from C$306.00 to C$320.00 and gave the company a “hold” rating in a report on Monday, August 3rd. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Bombardier, Inc. Class B currently has an average rating of “Hold” and an average target price of C$309.00.
Check Out Our Latest Stock Analysis on BBD.B
Bombardier, Inc. Class B Price Performance
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.
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