National Bank Financial Boosts Bombardier, Inc. (TSE:BBD.B) Price Target to C$2.90
Bombardier, Inc. (TSE:BBD.B) had its price target upped by research analysts at National Bank Financial from C$2.75 to C$2.90 in a research note issued to investors on Friday. The firm currently has an “outperform” rating on the stock.
Other analysts also recently issued reports about the stock. BMO Capital Markets reissued an “outperform” rating and set a C$2.75 target price on shares of Bombardier in a research note on Thursday, July 13th. Royal Bank Of Canada reissued an “outperform” rating and set a C$3.00 target price on shares of Bombardier in a research note on Thursday, June 15th. Goldman Sachs Group, Inc. (The) raised shares of Bombardier from a “neutral” rating to a “buy” rating in a research note on Tuesday, July 4th. Finally, TD Securities reissued a “hold” rating and set a C$2.75 target price on shares of Bombardier in a research note on Thursday, May 4th. Seven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of C$2.53.
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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