Bombardier, Inc. Class B (TSE:BBD.B) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Bombardier, Inc. Class B (TSE:BBD.BGet Free Report) have received a consensus recommendation of “Moderate Buy” from the ten research firms that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is C$297.67.

A number of equities analysts have recently issued reports on the company. Desjardins upped their price target on Bombardier, Inc. Class B from C$324.00 to C$364.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. Canadian Imperial Bank of Commerce boosted their target price on Bombardier, Inc. Class B from C$288.00 to C$295.00 in a research note on Friday, May 1st. TD upped their target price on Bombardier, Inc. Class B from C$284.00 to C$292.00 and gave the company a “hold” rating in a research report on Monday, June 8th. Royal Bank Of Canada increased their price target on Bombardier, Inc. Class B from C$332.00 to C$383.00 and gave the company an “outperform” rating in a research note on Monday, June 29th. Finally, BMO Capital Markets raised their price target on Bombardier, Inc. Class B from C$300.00 to C$320.00 in a report on Friday, May 1st.

View Our Latest Analysis on BBD.B

Bombardier, Inc. Class B Stock Up 2.6%

Shares of BBD.B opened at C$362.02 on Friday. The company has a market cap of C$35.71 billion, a price-to-earnings ratio of 40.09, a price-to-earnings-growth ratio of 6.26 and a beta of 1.93. Bombardier, Inc. Class B has a twelve month low of C$147.61 and a twelve month high of C$364.38. The company has a 50 day moving average of C$316.02 and a two-hundred day moving average of C$276.75.

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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