Shares of Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) reached a new 52-week high during trading on Monday after Scotiabank raised their price target on the stock from C$190.00 to C$230.00. Scotiabank currently has an outperform rating on the stock. Bombardier, Inc. Class B traded as high as C$204.50 and last traded at C$203.75, with a volume of 300179 shares traded. The stock had previously closed at C$196.44.
BBD.B has been the topic of a number of other research reports. National Bankshares boosted their price objective on Bombardier, Inc. Class B from C$216.00 to C$234.00 and gave the stock an “outperform” rating in a research note on Friday. JPMorgan Chase & Co. increased their price target on Bombardier, Inc. Class B from C$135.00 to C$170.00 in a report on Friday, August 8th. TD Securities upped their price objective on Bombardier, Inc. Class B from C$181.00 to C$197.00 and gave the stock a “hold” rating in a research note on Friday. Citigroup raised their target price on Bombardier, Inc. Class B from C$109.00 to C$195.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Finally, UBS Group upped their price target on Bombardier, Inc. Class B from C$128.00 to C$173.00 in a report on Friday, August 1st. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$208.80.
Read Our Latest Stock Analysis on BBD.B
Bombardier, Inc. Class B Trading Up 3.7%
Bombardier, Inc. Class B Company Profile
Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide.
Bombardier Inc was incorporated in 1902 and is based in Dorval, Canada.
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