Bombardier, Inc. Class B (TSE:BBD.B) Stock Has Consensus Target Price of C$325.62

Bombardier, Inc. Class B (TSE:BBD.B) has earned a consensus recommendation of “Hold” from the eleven brokerages that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is C$325.62.

BBD.B has been the subject of a number of recent analyst reports. Stifel Nicolaus set a C$390.00 price target on shares of Bombardier, Inc. Class B and gave the stock a “buy” rating in a research report on Tuesday, September 8th. Royal Bank Of Canada raised their price objective on shares of Bombardier, Inc. Class B from C$383.00 to C$406.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. BMO Capital Markets lifted their target price on shares of Bombardier, Inc. Class B from C$350.00 to C$375.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. JPMorgan Chase & Co. upped their target price on shares of Bombardier, Inc. Class B from C$295.00 to C$350.00 in a report on Monday, August 31st. Finally, TD increased their price target on Bombardier, Inc. Class B from C$306.00 to C$320.00 and gave the stock a “hold” rating in a research note on Monday, August 3rd.

Bombardier, Inc. Class B Stock Up 1.1%

BBD.B stock opened at C$297.59 on Wednesday. The business’s 50-day moving average price is C$320.51 and its 200-day moving average price is C$304.21. The stock has a market cap of C$55.36 billion, a P/E ratio of 33.10, a PEG ratio of 6.26 and a beta of 1.47. Bombardier, Inc. Class B has a twelve month low of C$186.72 and a twelve month high of C$377.77.

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.