Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the ten analysts that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is C$256.50.
A number of research analysts have weighed in on BBD.B shares. Canadian Imperial Bank of Commerce dropped their target price on shares of Bombardier, Inc. Class B from C$290.00 to C$288.00 in a research note on Friday, February 13th. BMO Capital Markets lifted their price target on shares of Bombardier, Inc. Class B from C$240.00 to C$300.00 and gave the stock an “outperform” rating in a report on Wednesday, January 21st. Scotiabank downgraded Bombardier, Inc. Class B from an “outperform” rating to a “sector perform” rating and upped their price objective for the company from C$230.00 to C$295.00 in a research note on Wednesday, January 21st. The Goldman Sachs Group downgraded Bombardier, Inc. Class B from a “neutral” rating to a “sell” rating and raised their target price for the stock from C$184.00 to C$191.00 in a research report on Monday, January 26th. Finally, National Bank Financial lowered their target price on Bombardier, Inc. Class B from C$290.00 to C$286.00 and set an “outperform” rating on the stock in a research note on Friday, February 13th.
Get Our Latest Report on BBD.B
Bombardier, Inc. Class B Stock Performance
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.
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