Bombardier Rating Reiterated by Citigroup Inc. (BBD.B)
Bombardier (TSE:BBD.B)‘s stock had its “buy” rating reaffirmed by Citigroup Inc. in a research note issued on Monday, American Banking & Market News reports. They currently have a C$5.00 price target on the stock, down from their previous price target of C$6.00.
Several other analysts have also recently commented on the stock. Analysts at TD Securities cut their price target on shares of Bombardier from C$5.00 to C$4.00 in a research note to investors on Wednesday, January 22nd. They now have a “hold” rating on the stock. Separately, analysts at CIBC cut their price target on shares of Bombardier from C$5.75 to C$5.00 in a research note to investors on Wednesday, January 22nd. They now have an “outperform” rating on the stock. Finally, analysts at CIBC cut their price target on shares of Bombardier from C$5.75 to C$5.00 in a research note to investors on Monday, January 20th. They now have a “sector outperform” rating on the stock. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of C$5.08.
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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