Bombardier, Inc. (BBD.B) Rating Reiterated by Scotiabank
Bombardier, Inc. (TSE:BBD.B)‘s stock had its “outperform” rating reiterated by equities researchers at Scotiabank in a research note issued to investors on Friday. They presently have a C$2.75 price target on the stock.
A number of other research firms also recently weighed in on BBD.B. TD Securities reissued a “hold” rating and set a C$1.45 price target on shares of Bombardier in a research report on Monday, October 17th. Macquarie raised shares of Bombardier from an “underperform” rating to an “outperform” rating in a research report on Monday, September 19th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a C$2.50 price objective on shares of Bombardier in a report on Thursday, September 15th. Citigroup Inc. lifted their price objective on shares of Bombardier from C$2.00 to C$2.07 and gave the stock a “neutral” rating in a report on Wednesday, August 24th. Finally, National Bank Financial lifted their price objective on shares of Bombardier from C$2.15 to C$2.60 and gave the stock an “outperform” rating in a report on Monday, August 8th. One analyst has rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of C$1.89.
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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