Bombardier, Inc. (BBD.B) Price Target Raised to C$3.30 at BMO Capital Markets
Bombardier, Inc. (TSE:BBD.B) had its target price upped by equities research analysts at BMO Capital Markets from C$3.10 to C$3.30 in a report issued on Friday.
Several other equities research analysts also recently commented on BBD.B. National Bank Financial lifted their target price on shares of Bombardier from C$2.75 to C$2.90 and gave the stock an “outperform” rating in a research report on Friday, July 21st. Raymond James Financial, Inc. upgraded shares of Bombardier from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from C$2.50 to C$3.25 in a research report on Monday, July 31st. TD Securities boosted their price target on shares of Bombardier from C$2.15 to C$2.25 and gave the stock a “hold” rating in a research report on Tuesday, August 1st. CIBC boosted their price target on shares of Bombardier from C$3.00 to C$3.25 in a research report on Friday, October 20th. Finally, Scotiabank boosted their price target on shares of Bombardier from C$3.25 to C$3.75 and gave the stock an “outperform” rating in a research report on Monday, October 23rd. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Bombardier currently has an average rating of “Buy” and a consensus target price of C$3.01.
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Bombardier Company Profile
Bombardier Inc is a Canada-based manufacturer of both planes and trains. It operates through four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation. The Business Aircraft segment is engaged in the design, manufacture and aftermarket support for three families of business jets (Learjet, Challenger and Global).
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