Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the eleven analysts that are currently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$114.67.
Several analysts have recently commented on BBD.B shares. CIBC decreased their price target on shares of 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. UBS Group upgraded Bombardier, Inc. Class B from a "sell" rating to a "neutral" rating and increased their price objective for the company from C$77.00 to C$95.00 in a research report on Monday, February 24th. JPMorgan Chase & Co. dropped their target price on Bombardier, Inc. Class B from C$110.00 to C$100.00 and set a "neutral" rating for the company in a research report on Thursday, February 20th. Royal Bank of Canada decreased their price target on Bombardier, Inc. Class B from C$130.00 to C$116.00 and set an "outperform" rating on the stock in a report on Friday, February 7th. Finally, Citigroup dropped their price objective on Bombardier, Inc. Class B from C$113.00 to C$107.00 in a report on Monday, February 3rd.
Get Our Latest Stock Analysis on Bombardier, Inc. Class B
Bombardier, Inc. Class B Stock Performance
Shares of TSE BBD.B traded up C$10.23 during midday trading on Friday, reaching C$85.51. 978,515 shares of the company traded hands, compared to its average volume of 641,929. Bombardier, Inc. Class B has a 12 month low of C$54.04 and a 12 month high of C$113.60. The stock's 50-day simple moving average is C$83.33 and its 200-day simple moving average is C$93.20. The firm has a market cap of C$7.40 billion, a PE ratio of 22.15, a PEG ratio of 6.26 and a beta of 2.98.
About Bombardier, Inc. Class B
(
Get Free ReportBombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide.
Bombardier Inc was incorporated in 1902 and is based in Dorval, Canada.
Recommended Stories
Before you consider Bombardier, Inc. Class B, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bombardier, Inc. Class B wasn't on the list.
While Bombardier, Inc. Class B currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
