Bombardier, Inc. Class B (TSE:BBD.B) Price Target Raised to C$215.00

Bombardier, Inc. Class B (TSE:BBD.B) had its price objective increased by JPMorgan Chase & Co. from C$170.00 to C$215.00 in a research note issued to investors on Wednesday,BayStreet.CA reports. JPMorgan Chase & Co.‘s target price points to a potential upside of 0.98% from the stock’s previous close.

Several other analysts have also recently commented on the company. CIBC boosted their price target on Bombardier, Inc. Class B from C$222.00 to C$230.00 in a research report on Friday, November 7th. Royal Bank Of Canada increased their price objective on shares of Bombardier, Inc. Class B from C$202.00 to C$230.00 and gave the company an “outperform” rating in a report on Thursday, October 9th. TD Securities increased their price target on Bombardier, Inc. Class B from C$181.00 to C$197.00 and gave the company a “hold” rating in a report on Friday, November 7th. National Bankshares raised their target price on Bombardier, Inc. Class B from C$216.00 to C$234.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. Finally, BMO Capital Markets boosted their price target on shares of Bombardier, Inc. Class B from C$225.00 to C$240.00 in a research report on Monday, November 10th. Seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Bombardier, Inc. Class B currently has a consensus rating of “Moderate Buy” and a consensus target price of C$218.30.

Bombardier, Inc. Class B Stock Down 0.2%

Shares of TSE BBD.B traded down C$0.53 during trading on Wednesday, hitting C$212.92. The company had a trading volume of 130,522 shares, compared to its average volume of 531,279. The firm has a market capitalization of C$21.12 billion, a price-to-earnings ratio of 57.70, a price-to-earnings-growth ratio of 6.26 and a beta of 1.41. The stock has a fifty day simple moving average of C$192.58 and a two-hundred day simple moving average of C$153.74. Bombardier, Inc. Class B has a fifty-two week low of C$71.79 and a fifty-two week high of C$219.98.

Bombardier, Inc. Class B Company Profile

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide.
Bombardier Inc was incorporated in 1902 and is based in Dorval, Canada.