National Bank Financial Boosts Bombardier, Inc. (BBD.B) Price Target to C$3.50
Bombardier, Inc. (TSE:BBD.B) had its target price raised by National Bank Financial from C$3.00 to C$3.50 in a research report report published on Wednesday. National Bank Financial currently has an outperform rating on the stock.
Several other equities analysts have also commented on the company. Goldman Sachs Group, Inc. (The) raised Bombardier from a neutral rating to a buy rating in a research report on Tuesday, July 4th. BMO Capital Markets upped their target price on Bombardier from C$2.75 to C$3.30 and gave the company an outperform rating in a research report on Monday, July 31st. Royal Bank Of Canada reaffirmed an outperform rating and issued a C$3.00 target price on shares of Bombardier in a research report on Thursday, June 22nd. Raymond James Financial, Inc. reaffirmed an outperform rating and issued a C$3.25 target price on shares of Bombardier in a research report on Tuesday. Finally, TD Securities upped their target price on Bombardier from C$2.15 to C$2.25 and gave the company a hold rating in a research report on Tuesday, August 1st. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Bombardier currently has an average rating of Buy and a consensus target price of C$2.87.
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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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