Bombardier, Inc. Class B (TSE:BBD.B) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Bombardier, Inc. Class B (TSE:BBD.BGet Free Report) had its price objective upped by equities researchers at Royal Bank Of Canada from C$332.00 to C$383.00 in a note issued to investors on Monday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price suggests a potential upside of 16.71% from the company’s current price.

Several other research firms also recently weighed in on BBD.B. National Bank Financial boosted their target price 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 research report on Friday, May 1st. BMO Capital Markets increased their target price on Bombardier, Inc. Class B from C$300.00 to C$320.00 in a report on Friday, May 1st. UBS Group lifted their target price on Bombardier, Inc. Class B from C$253.00 to C$315.00 in a research report on Friday, May 1st. Scotiabank upgraded Bombardier, Inc. Class B from a “sector perform” rating to a “sector outperform” rating and boosted their price target for the company from C$295.00 to C$305.00 in a report on Friday, May 1st. Finally, Desjardins upped their price target on Bombardier, Inc. Class B from C$324.00 to C$364.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. Six investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Bombardier, Inc. Class B presently has a consensus rating of “Hold” and a consensus price target of C$285.69.

View Our Latest Analysis on Bombardier, Inc. Class B

Bombardier, Inc. Class B Price Performance

BBD.B traded up C$2.74 during trading on Monday, hitting C$328.16. The company had a trading volume of 310,940 shares, compared to its average volume of 365,799. The company has a market cap of C$32.37 billion, a PE ratio of 36.34, a P/E/G ratio of 6.26 and a beta of 1.99. The business has a 50-day moving average of C$288.90 and a 200-day moving average of C$262.50. Bombardier, Inc. Class B has a 1-year low of C$116.45 and a 1-year high of C$341.00.

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.

Further Reading

Analyst Recommendations for Bombardier, Inc. Class B (TSE:BBD.B)

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