Bombardier’s Sector Outperform Rating Reaffirmed at CIBC (BBD.B)
Bombardier (TSE:BBD.B)‘s stock had its “sector outperform” rating restated by investment analysts at CIBC in a note issued to investors on Friday, ARN reports. They currently have a C$5.75 target price on the stock.
BBD.B has been the subject of a number of other recent research reports. Analysts at Scotiabank raised their price target on shares of Bombardier (TSE:BBD.B) from C$4.75 to C$5.00 in a research note to investors on Friday, September 6th. They now have a “sector perform” rating on the stock. Separately, analysts at National Bank Financial upgraded shares of Bombardier (TSE:BBD.B) from a “sector perform” rating to an “outperform” rating in a research note to investors on Thursday, August 22nd. They now have a C$4.75 price target on the stock, up previously from C$4.25. Finally, analysts at Credit Suisse downgraded shares of Bombardier (TSE:BBD.B) from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, August 5th. Six analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Bombardier presently has an average rating of “Buy” and an average target price of C$5.33.
Bombardier, Inc is a Canada-based aerospace and transportation company. The Company manufactures transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.