Brokerages Set Bombardier, Inc. Class B (TSE:BBD.B) Target Price at C$228.00

Bombardier, Inc. Class B (TSE:BBD.B) has been given an average recommendation of “Moderate Buy” by the eleven analysts that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is C$229.91.

BBD.B has been the subject of a number of analyst reports. Scotiabank boosted their price target on Bombardier, Inc. Class B from C$190.00 to C$230.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. TD Securities increased their price target on Bombardier, Inc. Class B from C$181.00 to C$197.00 and gave the company a “hold” rating in a research note on Friday, November 7th. Raymond James Financial increased their price target on Bombardier, Inc. Class B from C$234.00 to C$263.00 and gave the stock an “outperform” rating in a report on Tuesday, December 2nd. Royal Bank Of Canada boosted their target price on Bombardier, Inc. Class B from C$230.00 to C$263.00 in a research report on Wednesday. Finally, JPMorgan Chase & Co. increased their target price on Bombardier, Inc. Class B from C$170.00 to C$215.00 in a report on Wednesday, November 19th.

Bombardier, Inc. Class B Stock Performance

TSE BBD.B opened at C$224.73 on Thursday. The stock has a market cap of C$22.29 billion, a PE ratio of 60.90, a P/E/G ratio of 6.26 and a beta of 1.38. The firm has a 50-day moving average of C$207.45 and a 200-day moving average of C$170.40. Bombardier, Inc. Class B has a 52-week low of C$71.79 and a 52-week high of C$236.23.

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.