Bombardier, Inc. Class B (TSE:BBD.B) Price Target Raised to C$132.00 at CIBC

Bombardier, Inc. Class B (TSE:BBD.B) had its target price hoisted by CIBC from C$131.00 to C$132.00 in a report published on Wednesday,BayStreet.CA reports.

Several other brokerages have also weighed in on BBD.B. National Bank Financial boosted their price objective on Bombardier, Inc. Class B to C$128.00 and gave the company an “outperform” rating in a report on Thursday, October 10th. TD Securities lowered their price target on Bombardier, Inc. Class B from C$132.00 to C$130.00 in a report on Friday, November 8th. National Bankshares upped 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 report on Friday, November 1st. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$114.42.

Bombardier, Inc. Class B Price Performance

Shares of BBD.B stock opened at C$100.54 on Wednesday. The firm has a market cap of C$8.70 billion, a P/E ratio of 25.92, a P/E/G ratio of 6.26 and a beta of 2.98. The firm has a fifty day moving average of C$101.15 and a two-hundred day moving average of C$91.57. Bombardier, Inc. Class B has a 1-year low of C$44.29 and a 1-year high of C$113.60.

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.