Bombardier, Inc. Class B (TSE:BBD.B – Get Rating) had its target price lowered by analysts at National Bankshares from C$65.00 to C$46.00 in a research note issued on Wednesday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price target would suggest a potential upside of 106.37% from the company’s current price.
Several other analysts have also commented on the company. Vertical Research raised Bombardier, Inc. Class B from a “hold” rating to a “buy” rating and set a C$55.00 price objective for the company in a report on Friday, May 6th. UBS Group upgraded Bombardier, Inc. Class B to a “buy” rating and set a C$50.00 target price on the stock in a research report on Wednesday, May 18th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, Bombardier, Inc. Class B presently has an average rating of “Moderate Buy” and a consensus target price of C$59.68.
Bombardier, Inc. Class B Price Performance
Shares of BBD.B opened at C$22.29 on Wednesday. Bombardier, Inc. Class B has a one year low of C$18.30 and a one year high of C$56.88. The firm has a market capitalization of C$1.90 billion and a P/E ratio of -5.03. The business has a fifty day moving average of C$37.86 and a 200 day moving average of C$37.73.
About Bombardier, Inc. Class B
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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