Analysts Set Bombardier, Inc. Class B (TSE:BBD.B) Price Target at C$114.67

Bombardier, Inc. Class B (TSE:BBD.BGet Free Report) has received a consensus rating of “Moderate Buy” from the eleven research firms that are presently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is C$114.67.

Several analysts recently weighed in on the company. Desjardins decreased their price target on Bombardier, Inc. Class B from C$145.00 to C$142.00 and set a “buy” rating on the stock in a report on Friday, February 7th. UBS Group upgraded Bombardier, Inc. Class B from a “sell” rating to a “neutral” rating and increased their target price for the stock from C$77.00 to C$95.00 in a research note on Monday, February 24th. National Bankshares reduced their target price on Bombardier, Inc. Class B from C$134.00 to C$103.00 and set an “outperform” rating on the stock in a research note on Friday, February 7th. Royal Bank of Canada reduced their target price on Bombardier, Inc. Class B from C$130.00 to C$116.00 and set an “outperform” rating on the stock in a research note on Friday, February 7th. Finally, CIBC reduced their target price on Bombardier, Inc. Class B from C$126.00 to C$110.00 and set an “outperform” rating on the stock in a research note on Friday, February 7th.

Check Out Our Latest Research Report on BBD.B

Bombardier, Inc. Class B Stock Performance

TSE:BBD.B opened at C$83.41 on Tuesday. The stock’s fifty day moving average is C$86.62 and its 200 day moving average is C$94.07. Bombardier, Inc. Class B has a fifty-two week low of C$54.04 and a fifty-two week high of C$113.60. The firm has a market capitalization of C$7.22 billion, a PE ratio of 21.61, a PEG ratio of 6.26 and a beta of 2.98.

Bombardier, Inc. Class B Company Profile

(Get Free Report

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide.
Bombardier Inc was incorporated in 1902 and is based in Dorval, Canada.

See Also

Analyst Recommendations for Bombardier, Inc. Class B (TSE:BBD.B)

Receive News & Ratings for Bombardier Inc. Class B Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bombardier Inc. Class B and related companies with MarketBeat.com's FREE daily email newsletter.