BMO Capital Markets Reiterates “Outperform” Rating for Bombardier, Inc. (TSE:BBD.B)
Bombardier, Inc. (TSE:BBD.B)‘s stock had its “outperform” rating reaffirmed by investment analysts at BMO Capital Markets in a research report issued to clients and investors on Thursday, StockTargetPrices.com reports. They currently have a C$2.75 price objective on the stock.
Several other equities research analysts also recently issued reports on BBD.B. Goldman Sachs Group, Inc. (The) upgraded Bombardier from a “neutral” rating to a “buy” rating in a research report on Friday, April 7th. TD Securities restated a “hold” rating and set a C$2.75 target price on shares of Bombardier in a research report on Thursday, May 4th. Desjardins upgraded Bombardier from a “hold” rating to a “buy” rating in a research report on Thursday, March 16th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a C$3.00 target price on shares of Bombardier in a research report on Thursday, June 22nd. Six analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Bombardier presently has a consensus rating of “Buy” and an average price target of C$2.56.
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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