Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) had its price objective lifted by stock analysts at Royal Bank of Canada from C$103.00 to C$104.00 in a research note issued to investors on Friday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank of Canada’s price target would suggest a potential upside of 81.56% from the company’s previous close.
BBD.B has been the topic of a number of other reports. Citigroup boosted their target price on Bombardier, Inc. Class B from C$67.00 to C$70.00 and gave the stock a “buy” rating in a research report on Thursday, July 20th. The Goldman Sachs Group boosted their price objective on shares of Bombardier, Inc. Class B from C$78.00 to C$81.00 in a research report on Tuesday, April 11th. TD Securities boosted their price objective on shares of Bombardier, Inc. Class B from C$87.00 to C$92.00 and gave the company a “buy” rating in a research report on Friday. National Bankshares upgraded shares of Bombardier, Inc. Class B from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from C$79.00 to C$85.00 in a research report on Friday, April 28th. Finally, Scotiabank boosted their target price on shares of Bombardier, Inc. Class B from C$83.00 to C$84.00 in a research note on Friday, April 28th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$76.73.
Bombardier, Inc. Class B Trading Down 7.3 %
Shares of BBD.B opened at C$57.28 on Friday. The business’s 50 day moving average is C$61.45 and its 200 day moving average is C$62.90. Bombardier, Inc. Class B has a 12-month low of C$24.39 and a 12-month high of C$74.43. The company has a market capitalization of C$4.75 billion, a PE ratio of 9.37, a price-to-earnings-growth ratio of -0.13 and a beta of 2.93.
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.
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