Bombardier, Inc. Class B (TSE:BBD.B) Price Target Raised to C$263.00

by · The Cerbat Gem

Bombardier, Inc. Class B (TSE:BBD.BFree Report) had its target price hoisted by Raymond James Financial from C$234.00 to C$263.00 in a research report sent to investors on Tuesday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Other research analysts have also issued reports about the company. Royal Bank Of Canada set a C$230.00 target price on Bombardier, Inc. Class B and gave the stock an “outperform” rating in a research report on Tuesday, November 25th. Scotiabank upped their price target on Bombardier, Inc. Class B from C$190.00 to C$230.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. BMO Capital Markets raised their price objective on Bombardier, Inc. Class B from C$225.00 to C$240.00 in a report on Monday, November 10th. TD Securities lifted their price objective on Bombardier, Inc. Class B from C$181.00 to C$197.00 and gave the company a “hold” rating in a research note on Friday, November 7th. Finally, National Bankshares increased their target price on shares of Bombardier, Inc. Class B from C$216.00 to C$234.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Eight research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$225.00.

Get Our Latest Stock Report on BBD.B

Bombardier, Inc. Class B Stock Up 1.4%

TSE:BBD.B opened at C$233.52 on Tuesday. The company has a market cap of C$23.16 billion, a P/E ratio of 63.28, a P/E/G ratio of 6.26 and a beta of 1.41. The firm’s 50 day moving average is C$204.38 and its two-hundred day moving average is C$164.37. Bombardier, Inc. Class B has a fifty-two week low of C$71.79 and a fifty-two week high of C$236.23.

Bombardier, Inc. Class B Company Profile

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

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