Bombardier’s “Sector Perform” Rating Reaffirmed at Scotiabank (BBD.B)
Other equities research analysts have also recently issued reports about the stock. Analysts at BMO Capital Markets cut their price target on shares of Bombardier from C$4.50 to C$4.25 in a research note on Monday, June 23rd. They now have a “market perform” rating on the stock. Analysts at RBC Capital downgraded shares of Bombardier from an “outperform” rating to a “sector perform” rating in a research note on Monday, June 2nd. They now have a C$4.00 price target on the stock, down previously from C$5.00. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of C$4.79.
Bombardier, Inc is a Canada-based aerospace and transportation company. The Company operates in two segments: aerospace and rail transportation.
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