Bombardier, Inc. (BBD.B) Stock Rating Upgraded by TD Securities
Bombardier, Inc. (TSE:BBD.B) was upgraded by equities research analysts at TD Securities from a “reduce” rating to a “hold” rating in a report issued on Monday. The firm presently has a C$1.45 target price on the stock.
BBD.B has been the topic of a number of other reports. Societe Generale upped their price objective on Bombardier from C$1.10 to C$1.26 and gave the company a “sell” rating in a research report on Monday, August 8th. Royal Bank Of Canada restated an “outperform” rating and set a C$2.50 price objective on shares of Bombardier in a research report on Thursday, September 15th. Scotiabank restated a “sector perform” rating and set a C$1.75 price objective on shares of Bombardier in a research report on Monday, June 13th. Raymond James Financial Inc. upped their price objective on Bombardier from C$1.30 to C$2.00 and gave the company a “market perform” rating in a research report on Monday, August 8th. Finally, National Bank Financial upped their price objective on Bombardier from C$2.15 to C$2.60 and gave the company an “outperform” rating in a research report on Monday, August 8th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of C$1.82.
Bombardier Inc is a manufacturer of transportation equipment, such as business and commercial aircraft, aircraft structural components and rail transportation equipment and systems, and is a provider of related services. The Company operates through four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation.
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