Bombardier, Inc. Class B (TSE:BBD.B) Price Target Raised to C$305.00

Bombardier, Inc. Class B (TSE:BBD.B) had its price target raised by Desjardins from C$260.00 to C$305.00 in a report published on Friday,BayStreet.CA reports. Desjardins currently has a buy rating on the stock.

Other equities research analysts also recently issued research reports about the company. Scotiabank downgraded Bombardier, Inc. Class B from an “outperform” rating to a “sector perform” rating and boosted their price target for the company from C$230.00 to C$295.00 in a research report on Wednesday, January 21st. National Bank Financial boosted their target price on Bombardier, Inc. Class B from C$234.00 to C$263.00 in a report on Tuesday, December 2nd. JPMorgan Chase & Co. increased their target price on shares of Bombardier, Inc. Class B from C$170.00 to C$215.00 in a research report on Wednesday, November 19th. TD Securities raised their price target on shares of Bombardier, Inc. Class B from C$276.00 to C$280.00 and gave the company a “hold” rating in a report on Friday. Finally, Royal Bank Of Canada boosted their price objective on shares of Bombardier, Inc. Class B from C$263.00 to C$287.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. Six investment 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, the stock has a consensus rating of “Hold” and a consensus target price of C$256.50.

Bombardier, Inc. Class B Stock Down 0.5%

Shares of TSE BBD.B opened at C$242.54 on Friday. The stock has a market capitalization of C$24.01 billion, a PE ratio of 27.10, a P/E/G ratio of 6.26 and a beta of 1.42. The firm has a fifty day moving average of C$241.89 and a 200-day moving average of C$206.90. Bombardier, Inc. Class B has a 52-week low of C$71.79 and a 52-week high of C$276.18.

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.