Bombardier, Inc. (BBD.B) Given “Outperform” Rating at BMO Capital Markets
Bombardier, Inc. (TSE:BBD.B)‘s stock had its “outperform” rating reaffirmed by stock analysts at BMO Capital Markets in a research note issued to investors on Wednesday. They presently have a C$3.30 target price on the stock.
Other equities research analysts have also recently issued reports about the company. Raymond James Financial, Inc. reissued an “outperform” rating and issued a C$3.25 target price on shares of Bombardier in a research note on Tuesday. Royal Bank Of Canada reissued an “outperform” rating and issued a C$3.00 target price on shares of Bombardier in a research note on Thursday, June 22nd. National Bank Financial upped their price target on Bombardier from C$2.90 to C$3.00 and gave the company an “outperform” rating in a report on Monday, July 31st. Goldman Sachs Group, Inc. (The) raised Bombardier from a “neutral” rating to a “buy” rating in a report on Tuesday, July 4th. Finally, TD Securities upped their price target on Bombardier from C$2.15 to C$2.25 and gave the company a “hold” rating in a report on Tuesday, August 1st. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of C$2.79.
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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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