Bombardier, Inc. Class B (TSE:BBD.B) Receives Consensus Rating of “Hold” from Analysts

Bombardier, Inc. Class B (TSE:BBD.B) has been given an average rating of “Hold” by the eleven ratings firms that are covering the company, MarketBeat.com reports. One investment 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 target price among brokers that have issued a report on the stock in the last year is C$278.08.

Several brokerages have weighed in on BBD.B. TD Securities lifted their price objective on Bombardier, Inc. Class B from C$276.00 to C$280.00 and gave the company a “hold” rating in a report on Friday, February 13th. National Bank Financial lifted their price objective on Bombardier, Inc. Class B from C$286.00 to C$296.00 and gave the company a “sector perform” rating in a report on Friday, May 1st. UBS Group lifted their price objective on Bombardier, Inc. Class B from C$253.00 to C$315.00 in a report on Friday, May 1st. The Goldman Sachs Group cut Bombardier, Inc. Class B from a “neutral” rating to a “sell” rating and lifted their price objective for the company from C$184.00 to C$191.00 in a report on Monday, January 26th. Finally, BMO Capital Markets lifted their price objective on Bombardier, Inc. Class B from C$300.00 to C$320.00 in a report on Friday, May 1st.

Bombardier, Inc. Class B Price Performance

BBD.B opened at C$261.75 on Friday. The business has a fifty day simple moving average of C$255.02 and a 200 day simple moving average of C$242.87. The company has a market capitalization of C$25.82 billion, a PE ratio of 28.99, a price-to-earnings-growth ratio of 6.26 and a beta of 1.96. Bombardier, Inc. Class B has a 1 year low of C$88.59 and a 1 year high of C$299.00.

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.