Bombardier, Inc. Class B (TSE:BBD.B) Given a C$390.00 Price Target at Stifel Nicolaus

Bombardier, Inc. Class B (TSE:BBD.BGet Free Report) received a C$390.00 target price from stock analysts at Stifel Nicolaus in a research note issued on Tuesday, BayStreet reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ price objective suggests a potential upside of 27.89% from the company’s current price.

A number of other research analysts have also issued reports on the stock. National Bank Financial set a C$379.00 price objective on shares of Bombardier, Inc. Class B and gave the company a “sector perform” rating in a report on Tuesday. TD lifted their price target on shares of Bombardier, Inc. Class B from C$306.00 to C$320.00 and gave the stock a “hold” rating in a report on Monday, August 3rd. Royal Bank Of Canada increased their price objective on Bombardier, Inc. Class B from C$383.00 to C$406.00 and gave the company an “outperform” rating in a report on Friday, July 31st. BMO Capital Markets lifted their target price on Bombardier, Inc. Class B from C$350.00 to C$375.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. 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 given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Bombardier, Inc. Class B currently has an average rating of “Hold” and a consensus price target of C$325.62.

Check Out Our Latest Stock Report on Bombardier, Inc. Class B

Bombardier, Inc. Class B Trading Down 3.2%

BBD.B traded down C$10.17 on Tuesday, reaching C$304.95. The stock had a trading volume of 393,024 shares, compared to its average volume of 350,098. The company has a market capitalization of C$30.08 billion, a price-to-earnings ratio of 33.92, a price-to-earnings-growth ratio of 6.26 and a beta of 1.66. Bombardier, Inc. Class B has a fifty-two week low of C$150.81 and a fifty-two week high of C$377.77. The firm has a 50-day moving average of C$336.62 and a 200-day moving average of C$296.32.

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

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