Bombardier, Inc. Class B (TSE:BBD.B) Price Target Raised to C$216.00 at National Bankshares

Bombardier, Inc. Class B (TSE:BBD.B) had its target price increased by National Bankshares from C$179.00 to C$216.00 in a research note published on Friday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

BBD.B has been the topic of a number of other research reports. Royal Bank Of Canada lifted their target price on Bombardier, Inc. Class B from C$175.00 to C$202.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. CIBC lifted their price target on shares of Bombardier, Inc. Class B from C$167.00 to C$181.00 in a report on Monday, July 21st. Scotiabank increased their price objective on shares of Bombardier, Inc. Class B from C$150.00 to C$190.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Citigroup boosted their target price on shares of Bombardier, Inc. Class B from C$109.00 to C$195.00 and gave the stock a “buy” rating in a research note on Monday, July 21st. Finally, UBS Group increased their price target on Bombardier, Inc. Class B from C$128.00 to C$173.00 in a research note on Friday, August 1st. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$182.82.

Bombardier, Inc. Class B Trading Down 1.9%

Shares of Bombardier, Inc. Class B stock opened at C$191.42 on Friday. The company has a market cap of C$18.99 billion, a PE ratio of 44.00, a price-to-earnings-growth ratio of 6.26 and a beta of 2.07. The company has a 50 day moving average of C$166.46 and a 200-day moving average of C$123.24. Bombardier, Inc. Class B has a 1-year low of C$71.79 and a 1-year high of C$197.50.

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.