Bombardier, Inc. (BBD.B) Stock Rating Upgraded by Raymond James Financial, Inc.
Raymond James Financial, Inc. upgraded shares of Bombardier, Inc. (TSE:BBD.B) from a market perform rating to an outperform rating in a report published on Monday, July 31st. Raymond James Financial, Inc. currently has C$3.25 price objective on the stock, up from their prior price objective of C$2.50.
Several other research firms also recently commented on BBD.B. National Bank Financial boosted their price objective on Bombardier from C$2.90 to C$3.00 and gave the company an outperform rating in a report on Monday, July 31st. BMO Capital Markets reiterated an outperform rating and set a C$2.75 price target on shares of Bombardier in a report on Thursday, July 13th. Royal Bank Of Canada reiterated an outperform rating and set a C$3.00 price target on shares of Bombardier in a report on Thursday, June 15th. TD Securities reiterated a hold rating and set a C$2.75 price target on shares of Bombardier in a report on Thursday, May 4th. Finally, Goldman Sachs Group, Inc. (The) upgraded Bombardier from a neutral rating to a buy rating in a report on Friday, April 7th. Five equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Bombardier presently has an average rating of Buy and a consensus target price of C$2.79.
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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