Bombardier, Inc. (TSE:BBD.B) was upgraded by analysts at Cormark from a “reduce” rating to a “market perform” rating in a research report issued on Friday.

A number of other research analysts have also recently issued reports on the stock. TD Securities reaffirmed a “hold” rating and issued a C$1.55 price target on shares of Bombardier in a report on Friday, November 4th. Bank of America Corp. upgraded shares of Bombardier from an “underperform” rating to a “buy” rating in a research note on Monday, October 24th. Scotiabank reiterated an “outperform” rating and issued a C$2.75 price objective on shares of Bombardier in a research note on Thursday, September 22nd. Macquarie upgraded shares of Bombardier from an “underperform” rating to an “outperform” rating in a research note on Monday, September 19th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a C$2.50 price objective on shares of Bombardier in a research note on Thursday, September 15th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company. Bombardier currently has an average rating of “Hold” and an average target price of C$1.89.

Analyst Recommendations for Bombardier (TSE:BBD.B)

Bombardier Company Profile

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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