Desjardins Increases Bombardier Price Target to C$7.00 (BBD.B)
Equities research analysts at Desjardins upped their price target on shares of Bombardier (TSE:BBD.B) from C$6.00 to C$7.00 in a research note issued to investors on Wednesday, American Banking News.com reports. The firm currently has a “buy” rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at CIBC reiterated a “sector outperform” rating on shares of Bombardier in a research note to investors on Friday, October 4th. They now have a C$5.75 price target on the stock. Finally, analysts at Scotiabank raised their price target on shares of Bombardier 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. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of C$5.46.
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.
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