Bombardier, Inc. Class B (TSE:BBD.B) Receives C$281.77 Average PT from Analysts

Bombardier, Inc. Class B (TSE:BBD.B) has been given an average recommendation of “Hold” by the eleven research firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$285.69.

Several research analysts have recently issued reports on BBD.B shares. National Bank Financial upped their price target on shares of Bombardier, Inc. Class B from C$286.00 to C$296.00 and gave the stock a “sector perform” rating in a report on Friday, May 1st. Canadian Imperial Bank of Commerce boosted their price objective on Bombardier, Inc. Class B from C$288.00 to C$295.00 in a research report on Friday, May 1st. Scotiabank raised Bombardier, Inc. Class B from a “sector perform” rating to a “sector outperform” rating and upped their target price for the stock from C$295.00 to C$305.00 in a report on Friday, May 1st. Royal Bank Of Canada upped their target price on Bombardier, Inc. Class B from C$332.00 to C$383.00 and gave the stock an “outperform” rating in a report on Monday, June 29th. Finally, Desjardins lifted their price target on Bombardier, Inc. Class B from C$324.00 to C$364.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th.

Bombardier, Inc. Class B Stock Performance

BBD.B opened at C$324.99 on Monday. The company has a market cap of C$32.06 billion, a P/E ratio of 35.99, a PEG ratio of 6.26 and a beta of 1.99. The company’s 50 day moving average is C$295.61 and its 200-day moving average is C$265.98. Bombardier, Inc. Class B has a 1-year low of C$145.13 and a 1-year high of C$341.00.

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.