Bombardier, Inc. (BBD.B) Receives Average Rating of “Buy” from Analysts
Bombardier, Inc. (TSE:BBD.B) has been assigned a consensus recommendation of “Buy” from the seventeen analysts that are covering the stock, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is C$2.66.
BBD.B has been the topic of several research reports. BMO Capital Markets reissued an “outperform” rating and set a C$2.75 price target on shares of Bombardier in a research report on Thursday. Goldman Sachs Group, Inc. (The) raised Bombardier from a “neutral” rating to a “buy” rating in a research report on Tuesday, July 4th. Royal Bank Of Canada reissued an “outperform” rating and set a C$3.00 price target on shares of Bombardier in a research report on Thursday, June 22nd. Finally, TD Securities reissued a “hold” rating and set a C$2.75 price target on shares of Bombardier in a research report on Thursday, May 4th.
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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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