Bombardier, Inc. Class B (TSE:BBD.B) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Bombardier, Inc. Class B (TSE:BBD.B) have earned an average rating of “Moderate Buy” from the ten analysts that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is C$257.42.

BBD.B has been the topic of several research analyst reports. The Goldman Sachs Group cut Bombardier, Inc. Class B from a “neutral” rating to a “sell” rating and increased their price objective for the stock from C$184.00 to C$191.00 in a research note on Monday, January 26th. National Bank Financial decreased their target price on Bombardier, Inc. Class B from C$290.00 to C$286.00 and set an “outperform” rating for the company in a research report on Friday, February 13th. Scotiabank cut Bombardier, Inc. Class B from an “outperform” rating to a “sector perform” rating and upped their target price for the stock from C$230.00 to C$295.00 in a report on Wednesday, January 21st. BMO Capital Markets increased their price target on Bombardier, Inc. Class B from C$240.00 to C$300.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 21st. Finally, Royal Bank Of Canada raised their price target on Bombardier, Inc. Class B from C$287.00 to C$298.00 in a research note on Monday.

Bombardier, Inc. Class B Stock Performance

Shares of TSE:BBD.B opened at C$278.01 on Wednesday. The firm has a market cap of C$27.52 billion, a PE ratio of 31.06, a price-to-earnings-growth ratio of 6.26 and a beta of 1.80. The firm’s 50 day simple moving average is C$253.29 and its 200-day simple moving average is C$232.74. Bombardier, Inc. Class B has a one year low of C$81.02 and a one year high of C$283.99.

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.