Bombardier, Inc. Class B (TSE:BBD.B) Price Target Raised to C$107.00 at National Bankshares

Bombardier, Inc. Class B (TSE:BBD.B) had its price target increased by National Bankshares from C$103.00 to C$107.00 in a report issued on Thursday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other brokerages also recently weighed in on BBD.B. Royal Bank of Canada decreased their target price on shares of Bombardier, Inc. Class B from C$116.00 to C$101.00 and set an “outperform” rating for the company in a research note on Wednesday. BMO Capital Markets lifted their target price on Bombardier, Inc. Class B from C$129.00 to C$135.00 in a research report on Tuesday, January 7th. Citigroup cut their target price on Bombardier, Inc. Class B from C$113.00 to C$107.00 in a research note on Monday, February 3rd. UBS Group upgraded shares of Bombardier, Inc. Class B from a “sell” rating to a “neutral” rating and lifted their price objective for the stock from C$77.00 to C$95.00 in a research report on Monday, February 24th. Finally, CIBC dropped their price objective on shares of Bombardier, Inc. Class B from C$126.00 to C$110.00 and set an “outperform” rating on the stock in a research note on Friday, February 7th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$113.75.

Bombardier, Inc. Class B Price Performance

Shares of BBD.B opened at C$83.67 on Thursday. The stock has a market cap of C$7.24 billion, a PE ratio of 21.68, 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$54.04 and a 12 month high of C$113.60. The stock’s 50-day moving average is C$83.37 and its two-hundred day moving average is C$92.96.

About Bombardier, Inc. Class B

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide.
Bombardier Inc was incorporated in 1902 and is based in Dorval, Canada.