Bombardier, Inc. (BBD.B) Earns Outperform Rating from BMO Capital Markets
Bombardier, Inc. (TSE:BBD.B)‘s stock had its “outperform” rating reiterated by BMO Capital Markets in a report released on Thursday. They currently have a C$3.30 price target on the stock.
Other equities analysts have also recently issued research reports about the stock. Raymond James Financial, Inc. raised shares of Bombardier from a “market perform” rating to an “outperform” rating and raised their target price for the stock from C$2.50 to C$3.25 in a report on Monday, July 31st. Royal Bank Of Canada restated an “outperform” rating and issued a C$3.00 price target on shares of Bombardier in a research note on Thursday, June 22nd. National Bank Financial raised their price target on shares of Bombardier from C$2.90 to C$3.00 and gave the company an “outperform” rating in a research note on Monday, July 31st. Goldman Sachs Group, Inc. (The) upgraded shares of Bombardier from a “neutral” rating to a “buy” rating in a research note on Tuesday, July 4th. Finally, TD Securities raised their price target on shares of Bombardier from C$2.15 to C$2.25 and gave the company a “hold” rating in a research note on Tuesday, August 1st. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of C$2.79.
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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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