Bombardier, Inc. Class B (TSE:BBD.B) Price Target Raised to C$280.00

Bombardier, Inc. Class B (TSE:BBD.B) had its target price lifted by TD Securities from C$276.00 to C$280.00 in a research report report published on Friday morning,BayStreet.CA reports. The brokerage currently has a hold rating on the stock.

BBD.B has been the topic of a number of other reports. National Bank Financial raised their target price on shares of Bombardier, Inc. Class B from C$234.00 to C$263.00 in a research report on Tuesday, December 2nd. The Goldman Sachs Group downgraded shares of Bombardier, Inc. Class B from a “neutral” rating to a “sell” rating and raised their price objective for the stock from C$184.00 to C$191.00 in a research report on Monday, January 26th. Canadian Imperial Bank of Commerce dropped their price objective on shares of Bombardier, Inc. Class B from C$290.00 to C$288.00 in a research note on Friday. Raymond James Financial increased their target price on shares of Bombardier, Inc. Class B from C$234.00 to C$263.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 2nd. Finally, JPMorgan Chase & Co. raised their price target on Bombardier, Inc. Class B from C$170.00 to C$215.00 in a report on Wednesday, November 19th. Six research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of C$256.50.

Bombardier, Inc. Class B Stock Down 0.5%

BBD.B opened at C$242.54 on Friday. The firm has a market cap of C$24.01 billion, a price-to-earnings ratio of 27.10, a price-to-earnings-growth ratio of 6.26 and a beta of 1.42. Bombardier, Inc. Class B has a 52 week low of C$71.79 and a 52 week high of C$276.18. The business’s 50 day moving average is C$241.89 and its two-hundred day moving average is C$206.90.

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.