TD Securities Increases Bombardier, Inc. (BBD.B) Price Target to C$1.75
Bombardier, Inc. (TSE:BBD.B) had its price target lifted by stock analysts at TD Securities from C$1.55 to C$1.75 in a report issued on Friday. The firm currently has a “hold” rating on the stock.
BBD.B has been the topic of a number of other reports. Scotiabank reissued an “outperform” rating and issued a C$2.75 price objective on shares of Bombardier in a research note on Wednesday, September 7th. Goldman Sachs Group Inc. dropped their price objective on Bombardier from C$1.73 to C$1.67 in a research note on Monday, August 8th. Macquarie raised Bombardier from an “underperform” rating to an “outperform” rating in a research note on Monday, September 19th. Bank of America Corp. raised Bombardier from an “underperform” rating to a “buy” rating in a research note on Monday, October 24th. Finally, Citigroup Inc. boosted their price objective on Bombardier from C$2.00 to C$2.07 and gave the company a “neutral” rating in a research note on Wednesday, August 24th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average 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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