Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) was downgraded by investment analysts at The Goldman Sachs Group from a “neutral” rating to a “sell” rating in a research note issued to investors on Monday,BayStreet.CA reports. They presently have a C$191.00 target price on the stock, up from their prior target price of C$184.00. The Goldman Sachs Group’s target price would indicate a potential downside of 23.49% from the stock’s current price.
Other equities analysts have also recently issued reports about the company. JPMorgan Chase & Co. upped their price objective on Bombardier, Inc. Class B from C$170.00 to C$215.00 in a research report on Wednesday, November 19th. Raymond James Financial boosted 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. TD Securities raised their price target on shares of Bombardier, Inc. Class B from C$203.00 to C$278.00 and gave the company a “hold” rating in a report on Monday, January 19th. Scotiabank downgraded shares of Bombardier, Inc. Class B from an “outperform” rating to a “sector perform” rating and increased their price objective for the company from C$230.00 to C$295.00 in a research report on Wednesday, January 21st. Finally, National Bankshares boosted their target price on shares of Bombardier, Inc. Class B from C$234.00 to C$263.00 in a research note on Tuesday, December 2nd. Six investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of C$250.83.
View Our Latest Stock Report on BBD.B
Bombardier, Inc. Class B Stock Performance
Bombardier, Inc. Class B Company Profile
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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