Shares of Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) have earned a consensus recommendation of “Hold” from the eleven ratings firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is C$330.62.
BBD.B has been the subject of several recent research reports. Stifel Nicolaus set a C$390.00 price target on Bombardier, Inc. Class B and gave the company a “buy” rating in a research note on Tuesday, September 8th. Royal Bank Of Canada increased their price objective on Bombardier, Inc. Class B from C$383.00 to C$406.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. JPMorgan Chase & Co. increased their price objective on Bombardier, Inc. Class B from C$295.00 to C$350.00 in a research report on Monday, August 31st. National Bank Financial set a C$379.00 target price on Bombardier, Inc. Class B and gave the stock a “sector perform” rating in a report on Tuesday, September 8th. Finally, BMO Capital Markets boosted 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 report on Friday, July 31st.
Check Out Our Latest Report on BBD.B
Bombardier, Inc. Class B Trading Up 4.0%
Bombardier, Inc. Class B stock opened at C$340.16 on Friday. The company has a market capitalization of C$63.28 billion, a price-to-earnings ratio of 37.84, a PEG ratio of 6.26 and a beta of 1.47. Bombardier, Inc. Class B has a 12 month low of C$186.72 and a 12 month high of C$377.77. The stock’s 50 day moving average is C$313.05 and its 200-day moving average is C$294.79.
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.
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