Bombardier, Inc. Class B (TSE:BBD.B) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Bombardier, Inc. Class B (TSE:BBD.B) have received an average rating of “Moderate Buy” from the ten brokerages that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is C$256.50.

Several brokerages have issued reports on BBD.B. Desjardins upped their price target on shares of Bombardier, Inc. Class B from C$260.00 to C$305.00 and gave the company a “buy” rating in a report on Friday, February 13th. TD Securities lifted their price objective on Bombardier, Inc. Class B from C$276.00 to C$280.00 and gave the stock a “hold” rating in a research report on Friday, February 13th. Scotiabank lowered Bombardier, Inc. Class B from an “outperform” rating to a “sector perform” rating and upped their target price for the company from C$230.00 to C$295.00 in a research note on Wednesday, January 21st. National Bank Financial lowered their target price on Bombardier, Inc. Class B from C$290.00 to C$286.00 and set an “outperform” rating on the stock in a report on Friday, February 13th. Finally, Raymond James Financial raised their price target on Bombardier, Inc. Class B from C$234.00 to C$263.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 2nd.

Bombardier, Inc. Class B Stock Down 3.3%

Bombardier, Inc. Class B stock opened at C$232.55 on Friday. The firm has a market capitalization of C$23.02 billion, a PE ratio of 25.98, a P/E/G ratio of 6.26 and a beta of 1.70. Bombardier, Inc. Class B has a 52 week low of C$71.79 and a 52 week high of C$283.99. The firm’s 50-day simple moving average is C$254.99 and its 200 day simple moving average is C$222.61.

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.