Desjardins Boosts Bombardier, Inc. (BBD.B) Price Target to C$2.75
Bombardier, Inc. (TSE:BBD.B) had its target price hoisted by equities research analysts at Desjardins from C$2.25 to C$2.75 in a note issued to investors on Friday.
BBD.B has been the subject of a number of other research reports. TD Securities reaffirmed a “hold” rating and issued a C$1.55 target price on shares of Bombardier in a report on Friday, November 4th. Bank of America Corporation upgraded Bombardier from an “underperform” rating to a “buy” rating in a research report on Monday, October 24th. Raymond James Financial, Inc. upgraded Bombardier from a “market perform” rating to an “outperform” rating and upped their target price for the company from C$2.25 to C$2.75 in a research report on Friday, December 16th. Societe Generale upgraded Bombardier from a “sell” rating to a “hold” rating in a research report on Friday, February 10th. Finally, Royal Bank Of Canada increased their price target on Bombardier from C$2.50 to C$3.00 and gave the stock an “outperform” rating in a report on Wednesday, January 18th. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of C$2.39.
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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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