Bombardier, Inc. Class B (TSE:BBD.B) Receives Consensus Recommendation of “Hold” from Analysts

Bombardier, Inc. Class B (TSE:BBD.B) has received a consensus recommendation of “Hold” from the eleven analysts that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and six have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is C$278.08.

A number of equities research analysts have recently commented on the stock. National Bank Financial lifted their price target on shares of Bombardier, Inc. Class B from C$286.00 to C$296.00 and gave the stock a “sector perform” rating in a report on Friday, May 1st. Canadian Imperial Bank of Commerce lifted their price target on shares of Bombardier, Inc. Class B from C$288.00 to C$295.00 in a report on Friday, May 1st. Scotiabank upgraded shares of Bombardier, Inc. Class B from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the stock from C$295.00 to C$305.00 in a report on Friday, May 1st. BMO Capital Markets raised their target price on shares of Bombardier, Inc. Class B from C$300.00 to C$320.00 in a research report on Friday, May 1st. Finally, Desjardins boosted their target price on shares of Bombardier, Inc. Class B from C$304.00 to C$324.00 and gave the company a “buy” rating in a report on Friday, May 1st.

Bombardier, Inc. Class B Price Performance

Shares of TSE BBD.B opened at C$322.06 on Thursday. The company has a market cap of C$31.77 billion, a PE ratio of 35.67, a price-to-earnings-growth ratio of 6.26 and a beta of 1.96. Bombardier, Inc. Class B has a 12 month low of C$95.90 and a 12 month high of C$329.16. The company has a 50-day simple moving average of C$268.45 and a 200-day simple moving average of C$252.09.

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.