Royal Bank Of Canada Analysts Give Bombardier, Inc. Class B (TSE:BBD.B) a C$230.00 Price Target

Royal Bank Of Canada set a C$230.00 price objective on Bombardier, Inc. Class B (TSE:BBD.B) in a report released on Tuesday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

A number of other equities research analysts also recently issued reports on BBD.B. Desjardins increased their price target on Bombardier, Inc. Class B from C$236.00 to C$239.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. National Bankshares upped their target price on Bombardier, Inc. Class B from C$216.00 to C$234.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. UBS Group increased their target price on Bombardier, Inc. Class B from C$128.00 to C$173.00 in a report on Friday, August 1st. TD Securities boosted their price target on Bombardier, Inc. Class B from C$181.00 to C$197.00 and gave the company a “hold” rating in a research note on Friday, November 7th. Finally, Scotiabank upped their price objective on shares of Bombardier, Inc. Class B from C$190.00 to C$230.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$218.30.

Bombardier, Inc. Class B Stock Up 2.0%

Shares of TSE:BBD.B opened at C$233.00 on Tuesday. Bombardier, Inc. Class B has a 12-month low of C$71.79 and a 12-month high of C$233.89. The company’s 50 day moving average price is C$200.43 and its two-hundred day moving average price is C$159.53. The firm has a market cap of C$23.11 billion, a PE ratio of 63.14, a PEG ratio of 6.26 and a beta of 1.41.

About Bombardier, Inc. Class B

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide.
Bombardier Inc was incorporated in 1902 and is based in Dorval, Canada.