Bombardier, Inc. (TSE:BBD.B) Lifted to “Buy” at Goldman Sachs Group, Inc. (The)
Bombardier, Inc. (TSE:BBD.B) was upgraded by stock analysts at Goldman Sachs Group, Inc. (The) from a “neutral” rating to a “buy” rating in a report issued on Tuesday, July 4th, StockTargetPrices.com reports.
Other analysts also recently issued reports about the stock. Royal Bank Of Canada reissued an “outperform” rating and set a C$3.00 target price on shares of Bombardier in a research note on Thursday, June 22nd. BMO Capital Markets upgraded shares of Bombardier from a “market perform” rating to an “outperform” rating and set a C$2.75 price target for the company in a report on Monday, May 29th. TD Securities reiterated a “hold” rating and issued a C$2.75 target price on shares of Bombardier in a research note on Thursday, May 4th. Desjardins raised shares of Bombardier from a “hold” rating to a “buy” rating in a research note on Thursday, March 16th. Finally, Raymond James Financial, Inc. cut shares of Bombardier from an “outperform” rating to a “market perform” rating and reduced their price objective for the company from C$3.00 to C$2.50 in a research note on Wednesday, March 8th. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of C$2.51.
Bombardier Company Profile
Bombardier Inc is a Canada-based manufacturer of both planes and trains. It operates through four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation. The Business Aircraft segment is engaged in the design, manufacture and aftermarket support for three families of business jets (Learjet, Challenger and Global).
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