Macquarie upgraded shares of Bombardier, Inc. (TSE:BBD.B) from an underperform rating to an outperform rating in a research report released on Monday.

Analyst Recommendations for Bombardier (TSE:BBD.B)

BBD.B has been the topic of several other reports. Citigroup Inc. raised their price objective on Bombardier from C$2.00 to C$2.07 and gave the company a neutral rating in a research note on Wednesday, August 24th. TD Securities reaffirmed a reduce rating and issued a C$1.45 price objective on shares of Bombardier in a research note on Wednesday, September 7th. Scotiabank reaffirmed an outperform rating and issued a C$2.75 price objective on shares of Bombardier in a research note on Wednesday, September 7th. Royal Bank Of Canada reaffirmed an outperform rating and issued a C$2.50 price objective on shares of Bombardier in a research note on Thursday, July 7th. Finally, Societe Generale lifted their price target on Bombardier from C$1.10 to C$1.26 and gave the company a sell rating in a research note on Monday, August 8th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of Hold and an average price target of C$1.82.

Bombardier Company Profile

Bombardier Inc is a manufacturer of transportation equipment, such as business and commercial aircraft, aircraft structural components and rail transportation equipment and systems, and is a provider of related services. The Company operates through four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation.

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