Bombardier, Inc. (TSE:BBD.B) has been assigned an average recommendation of “Hold” from the fifteen analysts that are covering the stock. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and six have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$2.03.

BBD.B has been the subject of several recent research reports. TD Securities reaffirmed a “reduce” rating and issued a C$1.45 price target on shares of Bombardier in a report on Thursday, July 28th. Cowen and Company increased their price target on Bombardier from C$1.05 to C$1.65 and gave the company a “market perform” rating in a report on Monday, August 8th. Goldman Sachs Group Inc. cut their price target on Bombardier from C$1.73 to C$1.67 in a report on Monday, August 8th. National Bank Financial increased their price target on Bombardier from C$2.15 to C$2.60 and gave the company an “outperform” rating in a report on Monday, August 8th. Finally, Raymond James Financial Inc. increased their price target on Bombardier from C$1.30 to C$2.00 and gave the company a “market perform” rating in a report on Monday, August 8th.

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About Bombardier

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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