Bombardier, Inc. (BBD.B) Rating Reiterated by TD Securities
Bombardier, Inc. (TSE:BBD.B)‘s stock had its “hold” rating reaffirmed by research analysts at TD Securities in a research report issued on Monday. They presently have a C$1.45 price target on the stock.
A number of other research firms have also issued reports on BBD.B. Scotiabank increased their price target on Bombardier from C$1.75 to C$2.00 and gave the company a “sector perform” rating in a research report on Friday, June 24th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a C$2.50 price target on shares of Bombardier in a research report on Thursday, July 7th. Cowen and Company increased their price target on Bombardier from C$1.05 to C$1.65 and gave the company a “market perform” rating in a research report on Monday, August 8th. Goldman Sachs Group Inc. reduced their price target on Bombardier from C$1.73 to C$1.67 in a research report on Monday, August 8th. Finally, National Bank Financial increased their price target on Bombardier from C$2.15 to C$2.60 and gave the company an “outperform” rating in a research report on Monday, August 8th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company’s stock. Bombardier presently has an average rating of “Hold” and a consensus price target of C$1.82.
Bombardier Inc is a manufacturer of transportation equipment, such as business and commercial aircraft, aircraft structural components and rail transportation equipment and systems, and is a provider of related services. The Company operates through four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation.
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