National Bankshares Issues Positive Forecast for Bombardier, Inc. Class B (TSE:BBD.B) Stock Price

Bombardier, Inc. Class B (TSE:BBD.BFree Report) had its target price increased by National Bankshares from C$234.00 to C$263.00 in a research report report published on Tuesday,BayStreet.CA reports.

BBD.B has been the subject of several other reports. Raymond James Financial upped their target price on shares of Bombardier, Inc. Class B from C$234.00 to C$263.00 and gave the company an “outperform” rating in a research note on Tuesday. Desjardins boosted their price objective on shares of Bombardier, Inc. Class B from C$236.00 to C$239.00 and gave the stock a “buy” rating in a report on Friday, November 7th. TD Securities increased their target price on shares of Bombardier, Inc. Class B from C$181.00 to C$197.00 and gave the company a “hold” rating in a research note on Friday, November 7th. CIBC lifted their target price on Bombardier, Inc. Class B from C$222.00 to C$230.00 in a research report on Friday, November 7th. Finally, Scotiabank boosted their price target on Bombardier, Inc. Class B from C$190.00 to C$230.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Bombardier, Inc. Class B has a consensus rating of “Moderate Buy” and an average target price of C$225.00.

Check Out Our Latest Research Report on BBD.B

Bombardier, Inc. Class B Stock Up 4.4%

Shares of TSE BBD.B opened at C$231.78 on Tuesday. Bombardier, Inc. Class B has a 12 month low of C$71.79 and a 12 month high of C$234.99. The company has a market cap of C$22.99 billion, a P/E ratio of 62.81, a P/E/G ratio of 6.26 and a beta of 1.41. The business’s 50 day moving average is C$202.82 and its two-hundred day moving average is C$163.42.

About Bombardier, Inc. Class B

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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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