Bombardier, Inc. Class B (TSE:BBD.B) had its price objective reduced by stock analysts at CSFB from C$7.00 to C$4.48 in a report issued on Friday. CSFB’s target price indicates a potential upside of 69.06% from the company’s current price.

A number of other analysts have also recently commented on BBD.B. Barclays boosted their price target on Bombardier, Inc. Class B from C$5.00 to C$7.00 in a research report on Monday, July 30th. Royal Bank of Canada boosted their price target on Bombardier, Inc. Class B from C$5.50 to C$6.00 and gave the stock an “outperform” rating in a research report on Friday, August 3rd. BMO Capital Markets set a C$6.00 price target on Bombardier, Inc. Class B and gave the stock an “outperform” rating in a research report on Tuesday, July 24th. Credit Suisse Group set a C$7.00 price target on Bombardier, Inc. Class B and gave the stock an “outperform” rating in a research report on Friday, August 3rd. Finally, Vertical Research reissued a “buy” rating and issued a C$5.70 price target on shares of Bombardier, Inc. Class B in a research report on Thursday, September 27th. One equities research analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company. Bombardier, Inc. Class B currently has a consensus rating of “Buy” and a consensus price target of C$5.51.

Shares of BBD.B opened at C$2.65 on Friday. Bombardier, Inc. Class B has a 52 week low of C$1.96 and a 52 week high of C$4.16.

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

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