Bombardier, Inc. (BBD.B) Given Consensus Rating of “Buy” by Analysts
Shares of Bombardier, Inc. (TSE:BBD.B) have been assigned a consensus recommendation of “Buy” from the fifteen analysts that are currently covering the company. Five equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is C$2.74.
A number of equities research analysts recently commented on the stock. TD Securities reaffirmed a “hold” rating and issued a C$2.75 price target on shares of Bombardier in a report on Thursday, May 4th. Goldman Sachs Group Inc raised shares of Bombardier from a “neutral” rating to a “buy” rating in a report on Friday, April 7th. Desjardins raised shares of Bombardier from a “hold” rating to a “buy” rating in a report on Thursday, March 16th. Raymond James Financial, Inc. cut shares of Bombardier from an “outperform” rating to a “market perform” rating and lowered their price target for the stock from C$3.00 to C$2.50 in a report on Wednesday, March 8th. Finally, Scotiabank reaffirmed an “outperform” rating and issued a C$3.25 price target on shares of Bombardier in a report on Friday, February 17th.
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Bombardier Company Profile
Bombardier Inc is a Canada-based manufacturer of both planes and trains. It operates through four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation. The Business Aircraft segment is engaged in the design, manufacture and aftermarket support for three families of business jets (Learjet, Challenger and Global).
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