TD Securities Increases Bombardier, Inc. (BBD.B) Price Target to C$2.75
Bombardier, Inc. (TSE:BBD.B) had its price target boosted by research analysts at TD Securities from C$2.50 to C$2.75 in a report issued on Friday. The firm presently has a “hold” rating on the stock. TD Securities’ price objective suggests a potential downside of 12.14% from the stock’s current price.
BBD.B has been the subject of a number of other research reports. BMO Capital Markets reiterated an “outperform” rating and issued a C$3.30 price objective on shares of Bombardier in a report on Thursday, October 12th. Raymond James Financial, Inc. reiterated an “outperform” rating and issued a C$3.25 price objective on shares of Bombardier in a report on Tuesday, October 17th. CIBC increased their price objective on Bombardier from C$3.00 to C$3.25 in a report on Friday, October 20th. National Bank Financial increased their price objective on Bombardier from C$3.00 to C$3.50 and gave the stock an “outperform” rating in a report on Wednesday, October 18th. Finally, Scotiabank increased their price objective on Bombardier from C$3.25 to C$3.75 and gave the stock an “outperform” rating in a report on Monday, October 23rd. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of C$3.01.
Bombardier (BBD.B) opened at C$3.13 on Friday. Bombardier has a twelve month low of C$1.72 and a twelve month high of C$3.14.
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).
Receive News & Ratings for Bombardier Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bombardier Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.