Bombardier, Inc. Class B (TSE:BBD.B) Given Consensus Recommendation of “Hold” by Analysts

Shares of Bombardier, Inc. Class B (TSE:BBD.B) have been assigned an average recommendation of “Hold” from the twelve brokerages that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price objective among analysts that have covered the stock in the last year is C$250.83.

A number of research analysts have issued reports on BBD.B shares. JPMorgan Chase & Co. boosted their price target on Bombardier, Inc. Class B from C$170.00 to C$215.00 in a research report on Wednesday, November 19th. Scotiabank downgraded shares of Bombardier, Inc. Class B from an “outperform” rating to a “sector perform” rating and upped their price target for the company from C$230.00 to C$295.00 in a research report on Wednesday, January 21st. TD Securities raised their price objective on Bombardier, Inc. Class B from C$203.00 to C$278.00 and gave the stock a “hold” rating in a research report on Monday, January 19th. BMO Capital Markets upped their price target on shares of Bombardier, Inc. Class B from C$240.00 to C$300.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 21st. Finally, National Bankshares lifted their price objective on shares of Bombardier, Inc. Class B from C$234.00 to C$263.00 in a research note on Tuesday, December 2nd.

Bombardier, Inc. Class B Price Performance

BBD.B stock opened at C$247.53 on Friday. The firm has a fifty day moving average price of C$238.60 and a two-hundred day moving average price of C$200.10. Bombardier, Inc. Class B has a 1-year low of C$71.79 and a 1-year high of C$276.18. The firm has a market cap of C$24.55 billion, a price-to-earnings ratio of 67.08, a PEG ratio of 6.26 and a beta of 1.64.

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.