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Brokerages Set Bombardier, Inc. Class B (TSE:BBD.B) PT at C$114.67

Bombardier, Inc. Class B logo with Industrials background
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Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report) has been assigned an average rating of "Moderate Buy" from the eleven analysts that are covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is C$114.67.

BBD.B has been the topic of a number of research reports. JPMorgan Chase & Co. lowered their price objective on Bombardier, Inc. Class B from C$110.00 to C$100.00 and set a "neutral" rating on the stock in a research report on Thursday, February 20th. Desjardins lowered their price target on shares of 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. Royal Bank of Canada dropped their price objective on shares of Bombardier, Inc. Class B from C$130.00 to C$116.00 and set an "outperform" rating for the company in a research note on Friday, February 7th. Citigroup decreased their target price on shares of Bombardier, Inc. Class B from C$113.00 to C$107.00 in a research report on Monday, February 3rd. Finally, BMO Capital Markets increased their price target on shares of Bombardier, Inc. Class B from C$129.00 to C$135.00 in a research report on Tuesday, January 7th.

Get Our Latest Stock Report on BBD.B

Bombardier, Inc. Class B Stock Down 3.4 %

Shares of BBD.B opened at C$79.71 on Tuesday. The stock's 50-day moving average price is C$87.66 and its 200 day moving average price is C$94.11. The firm has a market capitalization of C$6.90 billion, a price-to-earnings ratio of 20.65, a P/E/G ratio of 6.26 and a beta of 2.98. Bombardier, Inc. Class B has a 12-month low of C$53.18 and a 12-month high of C$113.60.

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.

Further Reading

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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