Bombardier, Inc. Class B (TSE:BBD.B) Stock Rating Lowered by The Goldman Sachs Group

Bombardier, Inc. Class B (TSE:BBD.BGet 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

TSE:BBD.B opened at C$249.65 on Monday. The firm has a market cap of C$24.76 billion, a P/E ratio of 67.66, a P/E/G ratio of 6.26 and a beta of 1.64. Bombardier, Inc. Class B has a fifty-two week low of C$71.79 and a fifty-two week high of C$276.18. The firm has a 50-day simple moving average of C$237.25 and a two-hundred day simple moving average of C$199.42.

Bombardier, Inc. Class B Company Profile

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

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