Bombardier, Inc. Class B (TSE:BBD.B) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Bombardier, Inc. Class B (TSE:BBD.BGet Free Report) have earned a consensus rating of “Moderate Buy” from the eleven brokerages that are currently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is C$228.00.

Several analysts have recently weighed in on BBD.B shares. Raymond James Financial lifted their target price on Bombardier, Inc. Class B from C$234.00 to C$263.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 2nd. Royal Bank Of Canada lifted their price objective on shares of Bombardier, Inc. Class B from C$230.00 to C$263.00 in a report on Wednesday. JPMorgan Chase & Co. boosted their price objective on shares of Bombardier, Inc. Class B from C$170.00 to C$215.00 in a research report on Wednesday, November 19th. TD Securities raised their target price on shares of Bombardier, Inc. Class B from C$181.00 to C$197.00 and gave the stock a “hold” rating in a research report on Friday, November 7th. Finally, National Bankshares lifted their price target on shares of Bombardier, Inc. Class B from C$234.00 to C$263.00 in a research note on Tuesday, December 2nd.

Get Our Latest Research Report on Bombardier, Inc. Class B

Bombardier, Inc. Class B Stock Performance

Shares of BBD.B stock opened at C$209.07 on Thursday. The stock has a 50 day moving average price of C$206.65 and a 200 day moving average price of C$168.57. Bombardier, Inc. Class B has a 52-week low of C$71.79 and a 52-week high of C$236.23. The firm has a market capitalization of C$20.74 billion, a P/E ratio of 56.66, a P/E/G ratio of 6.26 and a beta of 1.38.

About Bombardier, Inc. Class B

(Get Free Report)

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

Further Reading

Analyst Recommendations for Bombardier, Inc. Class B (TSE:BBD.B)

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