Bombardier, Inc. Class B (TSE:BBD.B) Receives C$278.08 Consensus Target Price from Brokerages

Shares of Bombardier, Inc. Class B (TSE:BBD.B) have been given an average rating of “Hold” by the eleven analysts that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is C$278.08.

Several brokerages have recently commented on BBD.B. National Bank Financial boosted their price objective on Bombardier, Inc. Class B from C$286.00 to C$296.00 and gave the company a “sector perform” rating in a research report on Friday, May 1st. TD Securities boosted their price objective on Bombardier, Inc. Class B from C$276.00 to C$280.00 and gave the company a “hold” rating in a research report on Friday, February 13th. Scotiabank upgraded Bombardier, Inc. Class B from a “sector perform” rating to a “sector outperform” rating and boosted their price objective for the company from C$295.00 to C$305.00 in a research report on Friday, May 1st. UBS Group boosted their target price on Bombardier, Inc. Class B from C$253.00 to C$315.00 in a research report on Friday, May 1st. Finally, Desjardins boosted their target price on Bombardier, Inc. Class B from C$304.00 to C$324.00 and gave the stock a “buy” rating in a research report on Friday, May 1st.

Bombardier, Inc. Class B Stock Up 0.4%

Shares of Bombardier, Inc. Class B stock opened at C$268.17 on Friday. The stock’s 50-day simple moving average is C$255.32 and its 200-day simple moving average is C$242.73. Bombardier, Inc. Class B has a 52 week low of C$88.45 and a 52 week high of C$299.00. The company has a market capitalization of C$26.46 billion, a price-to-earnings ratio of 29.70, a PEG ratio of 6.26 and a beta of 1.96.

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.