Bombardier, Inc. (TSE:BBD.B) was upgraded by investment analysts at J P Morgan Chase & Co from a “neutral” rating to an “outperform” rating in a report released on Tuesday.

Several other equities research analysts have also recently commented on BBD.B. National Bank Financial lifted their target price on Bombardier from C$2.90 to C$3.00 and gave the company an “outperform” rating in a research note on Monday, July 31st. BMO Capital Markets lifted their target price on Bombardier from C$2.75 to C$3.30 and gave the company an “outperform” rating in a research note on Monday, July 31st. Raymond James Financial, Inc. raised Bombardier from a “market perform” rating to an “outperform” rating and lifted their target price for the company from C$2.50 to C$3.25 in a research note on Monday, July 31st. TD Securities lifted their target price on Bombardier from C$2.15 to C$2.25 and gave the company a “hold” rating in a research note on Tuesday, August 1st. Finally, CIBC lifted their target price on Bombardier from C$3.00 to C$3.25 in a research note on Friday, October 20th. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Bombardier has a consensus rating of “Buy” and a consensus price target of C$3.01.

Bombardier (BBD.B) traded up C$0.03 during midday trading on Tuesday, hitting C$3.10. The stock had a trading volume of 3,380,000 shares, compared to its average volume of 9,020,000. Bombardier has a one year low of C$1.83 and a one year high of C$3.24.

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About Bombardier

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).

Analyst Recommendations for Bombardier (TSE:BBD.B)

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