Bombardier, Inc. Class B (TSE:BBD.B) Receives C$114.33 Average PT from Brokerages

Shares of Bombardier, Inc. Class B (TSE:BBD.B) have been assigned a consensus rating of “Moderate Buy” from the ten brokerages that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is C$114.33.

BBD.B has been the topic of a number of research reports. CIBC cut their target price on shares of Bombardier, Inc. Class B from C$134.00 to C$131.00 in a research note on Friday, November 8th. National Bank Financial boosted their price objective on Bombardier, Inc. Class B to C$128.00 and gave the stock an “outperform” rating in a research note on Thursday, October 10th. TD Securities lowered their target price on Bombardier, Inc. Class B from C$132.00 to C$130.00 in a research note on Friday, November 8th. National Bankshares boosted their price target on Bombardier, Inc. Class B from C$128.00 to C$130.00 in a research report on Friday, November 8th. Finally, Scotiabank downgraded shares of Bombardier, Inc. Class B from an “outperform” rating to a “sector perform” rating and set a C$120.00 price objective for the company. in a research report on Friday, November 1st.

Bombardier, Inc. Class B Price Performance

The firm has a 50 day simple moving average of C$101.15 and a two-hundred day simple moving average of C$91.57. Bombardier, Inc. Class B has a 12 month low of C$44.29 and a 12 month high of C$113.60. The firm has a market capitalization of C$8.73 billion, a price-to-earnings ratio of 25.20, a P/E/G ratio of 6.26 and a beta of 2.98.

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.