Bombardier Given Consensus Recommendation of “Hold” by Analysts (TSE:BBD.B)
Shares of Bombardier (TSE:BBD.B) have received a consensus rating of “Hold” from the fourteen analysts that are covering the stock, ARN reports. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$4.78.
A number of research firms have recently commented on BBD.B. Analysts at Raymond James upgraded shares of Bombardier to an “outperform” rating in a research note on Monday, August 4th. Separately, analysts at Canaccord Genuity raised their price target on shares of Bombardier from C$4.25 to C$5.00 in a research note on Monday, August 4th. They now have a “buy” rating on the stock. Finally, analysts at Scotiabank reiterated a “sector perform” rating on shares of Bombardier in a research note on Wednesday, July 16th.
Bombardier Inc is a manufacturer of transportation solutions. The Company operates in the transportation industry under two manufacturing segments: aerospace (TSE:BBD) and rail transportation (through BT).
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