National Bank Financial Boosts Bombardier, Inc. Class B (TSE:BBD.B) Price Target to C$379.00

Bombardier, Inc. Class B (TSE:BBD.BGet Free Report) had its price target hoisted by equities researchers at National Bank Financial from C$349.00 to C$379.00 in a research report issued on Friday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. National Bank Financial’s price target points to a potential upside of 9.58% from the stock’s previous close.

Other research analysts also recently issued reports about the company. UBS Group boosted their price objective on Bombardier, Inc. Class B from C$253.00 to C$315.00 in a research note on Friday, May 1st. TD lifted their target price on Bombardier, Inc. Class B from C$292.00 to C$306.00 and gave the stock a “hold” rating in a report on Tuesday. Desjardins boosted 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 note on Wednesday, June 10th. Royal Bank Of Canada increased their price target on Bombardier, Inc. Class B from C$332.00 to C$383.00 and gave the stock an “outperform” rating in a report on Monday, June 29th. Finally, BMO Capital Markets raised their price target on shares of Bombardier, Inc. Class B from C$300.00 to C$320.00 in a report on Friday, May 1st. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of C$307.83.

Get Our Latest Analysis on BBD.B

Bombardier, Inc. Class B Stock Up 4.8%

BBD.B traded up C$15.87 during trading on Friday, reaching C$345.88. 240,445 shares of the stock traded hands, compared to its average volume of 357,861. The stock has a market capitalization of C$34.12 billion, a PE ratio of 38.30, a P/E/G ratio of 6.26 and a beta of 1.93. The stock’s 50-day moving average is C$324.71 and its 200 day moving average is C$280.90. Bombardier, Inc. Class B has a 12 month low of C$147.61 and a 12 month high of C$377.77.

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.

Further Reading

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

Receive News & Ratings for Bombardier Inc. Class B Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bombardier Inc. Class B and related companies with MarketBeat.com's FREE daily email newsletter.