Bombardier, Inc. Class B (TSE:BBD.B – Get Rating) has been given a consensus recommendation of “Moderate Buy” by the seventeen research firms that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is C$54.97.
A number of research firms have commented on BBD.B. JPMorgan Chase & Co. increased their price objective on shares of Bombardier, Inc. Class B from C$25.00 to C$36.00 in a report on Tuesday, August 16th. Cowen upgraded shares of Bombardier, Inc. Class B to a “buy” rating and raised their price target for the stock from C$23.62 to C$51.85 in a report on Monday, August 8th. Royal Bank of Canada raised their price target on shares of Bombardier, Inc. Class B from C$32.00 to C$41.00 and gave the stock an “outperform” rating in a report on Friday, August 5th. Cowen upgraded shares of Bombardier, Inc. Class B to a “buy” rating and set a C$51.85 price target for the company in a report on Monday, August 8th. Finally, Barclays raised their price target on shares of Bombardier, Inc. Class B from C$27.00 to C$30.00 and gave the stock a “not updated” rating in a report on Tuesday, August 9th.
Bombardier, Inc. Class B Trading Down 3.2 %
BBD.B stock opened at C$30.66 on Friday. The company has a market cap of C$2.88 billion and a price-to-earnings ratio of -6.92. Bombardier, Inc. Class B has a 12 month low of C$18.30 and a 12 month high of C$57.00. The firm has a 50-day moving average of C$29.00 and a two-hundred day moving average of C$34.11.
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.
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