TD Securities Increases Bombardier, Inc. Class B (TSE:BBD.B) Price Target to C$278.00

Bombardier, Inc. Class B (TSE:BBD.B) had its price target upped by analysts at TD Securities from C$203.00 to C$278.00 in a research report issued on Monday,BayStreet.CA reports. The firm currently has a “hold” rating on the stock. TD Securities’ target price points to a potential upside of 4.23% from the company’s current price.

Several other research firms have also commented on BBD.B. Desjardins lifted their price target on Bombardier, Inc. Class B from C$239.00 to C$260.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. National Bankshares lifted their target price on Bombardier, Inc. Class B from C$234.00 to C$263.00 in a report on Tuesday, December 2nd. BMO Capital Markets boosted their target price on Bombardier, Inc. Class B from C$225.00 to C$240.00 in a research report on Monday, November 10th. CIBC raised their price target on Bombardier, Inc. Class B from C$222.00 to C$230.00 in a research report on Friday, November 7th. Finally, Raymond James Financial boosted 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 report on Tuesday, December 2nd. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of C$239.45.

Bombardier, Inc. Class B Stock Down 2.1%

BBD.B stock opened at C$266.72 on Monday. Bombardier, Inc. Class B has a 52 week low of C$71.79 and a 52 week high of C$276.18. The firm has a market capitalization of C$26.45 billion, a P/E ratio of 72.28, a price-to-earnings-growth ratio of 6.26 and a beta of 1.64. The company has a fifty day simple moving average of C$232.66 and a two-hundred day simple moving average of C$195.86.

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.