Bombardier, Inc. Class B (TSE:BBD.B) PT Raised to C$100.00

Bombardier, Inc. Class B (TSE:BBD.BGet Free Report) had its price objective boosted by equities researchers at TD Securities from C$92.00 to C$100.00 in a research report issued on Friday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ price objective indicates a potential upside of 96.97% from the company’s previous close.

A number of other analysts have also recently commented on the company. Scotiabank boosted their price objective on Bombardier, Inc. Class B from C$84.00 to C$85.00 and gave the company an “outperform” rating in a research report on Friday. Citigroup boosted their price objective on Bombardier, Inc. Class B from C$67.00 to C$70.00 and gave the company a “buy” rating in a research report on Thursday, July 20th. Desjardins set a C$99.00 target price on shares of Bombardier, Inc. Class B and gave the company a “buy” rating in a research report on Wednesday, September 20th. UBS Group set a C$39.00 target price on shares of Bombardier, Inc. Class B and gave the company a “sell” rating in a research report on Wednesday, October 11th. Finally, Royal Bank of Canada lifted their target price on shares of Bombardier, Inc. Class B from C$103.00 to C$104.00 and gave the company an “outperform” rating in a research report on Friday, August 4th. One research analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$77.80.

View Our Latest Stock Analysis on BBD.B

Bombardier, Inc. Class B Stock Up 1.1 %

Shares of Bombardier, Inc. Class B stock opened at C$50.77 on Friday. The firm has a market cap of C$4.22 billion, a PE ratio of 6.52, a P/E/G ratio of -0.13 and a beta of 2.88. The business has a 50-day moving average price of C$47.95 and a 200 day moving average price of C$55.65. Bombardier, Inc. Class B has a twelve month low of C$39.27 and a twelve month high of C$74.43.

About Bombardier, Inc. Class B

(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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