Bombardier, Inc. Class B (TSE:BBD.B) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Bombardier, Inc. Class B (TSE:BBD.BGet Free Report) had its target price upped by analysts at Royal Bank Of Canada from C$263.00 to C$287.00 in a research note issued on Monday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 16.03% from the company’s previous close.

A number of other brokerages have also recently commented on BBD.B. BMO Capital Markets lifted their target price on shares of Bombardier, Inc. Class B from C$225.00 to C$240.00 in a report on Monday, November 10th. National Bankshares raised their price objective on shares of Bombardier, Inc. Class B from C$234.00 to C$263.00 in a research report on Tuesday, December 2nd. Raymond James Financial lifted their price objective on shares of Bombardier, Inc. Class B from C$234.00 to C$263.00 and gave the company an “outperform” rating in a research note on Tuesday, December 2nd. TD Securities upped their target price on shares of Bombardier, Inc. Class B from C$181.00 to C$197.00 and gave the company a “hold” rating in a report on Friday, November 7th. Finally, Scotiabank raised their price target on Bombardier, Inc. Class B from C$190.00 to C$230.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$232.09.

Check Out Our Latest Analysis on Bombardier, Inc. Class B

Bombardier, Inc. Class B Stock Down 1.0%

TSE:BBD.B opened at C$247.36 on Monday. The company has a market capitalization of C$24.53 billion, a PE ratio of 67.04, a P/E/G ratio of 6.26 and a beta of 1.64. Bombardier, Inc. Class B has a 52-week low of C$71.79 and a 52-week high of C$253.50. The stock’s 50 day moving average price is C$225.99 and its 200 day moving average price is C$191.28.

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.

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