Bombardier, Inc. Class B (TSE:BBD.B) Price Target Raised to C$300.00 at BMO Capital Markets

Bombardier, Inc. Class B (TSE:BBD.B) had its target price upped by BMO Capital Markets from C$240.00 to C$300.00 in a research note published on Wednesday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other analysts have also commented on BBD.B. CIBC lowered Bombardier, Inc. Class B from an “outperform” rating to a “neutral” rating and increased their price objective for the company from C$230.00 to C$290.00 in a report on Wednesday. Royal Bank Of Canada increased their price target on Bombardier, Inc. Class B from C$263.00 to C$287.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Desjardins raised their price target on Bombardier, Inc. Class B from C$239.00 to C$260.00 and gave the stock a “buy” rating in a report on Friday, December 12th. TD Securities boosted their price target on Bombardier, Inc. Class B from C$203.00 to C$278.00 and gave the stock a “hold” rating in a research note on Monday. Finally, JPMorgan Chase & Co. increased their price objective on shares of Bombardier, Inc. Class B from C$170.00 to C$215.00 in a research report on Wednesday, November 19th. Six analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$256.27.

Bombardier, Inc. Class B Stock Up 0.4%

Shares of BBD.B opened at C$267.91 on Wednesday. The company has a 50 day moving average of C$233.68 and a two-hundred day moving average of C$196.36. Bombardier, Inc. Class B has a twelve month low of C$71.79 and a twelve month high of C$276.18. The company has a market cap of C$26.57 billion, a price-to-earnings ratio of 72.60, a price-to-earnings-growth ratio of 6.26 and a beta of 1.64.

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.