Bombardier, Inc. Class B (TSE:BBD.B) Given Average Recommendation of “Hold” by Brokerages

Bombardier, Inc. Class B (TSE:BBD.BGet Free Report) has been assigned an average rating of “Hold” from the eleven analysts that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is C$285.69.

Several research firms have recently weighed in on BBD.B. Scotiabank raised Bombardier, Inc. Class B from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the company from C$295.00 to C$305.00 in a report on Friday, May 1st. Desjardins boosted their price objective on Bombardier, Inc. Class B from C$324.00 to C$364.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. Royal Bank Of Canada increased their price objective on Bombardier, Inc. Class B from C$332.00 to C$383.00 and gave the company an “outperform” rating in a report on Monday, June 29th. BMO Capital Markets raised their target price on shares of Bombardier, Inc. Class B from C$300.00 to C$320.00 in a research report on Friday, May 1st. Finally, UBS Group lifted their target price on shares of Bombardier, Inc. Class B from C$253.00 to C$315.00 in a report on Friday, May 1st.

Read Our Latest Analysis on Bombardier, Inc. Class B

Bombardier, Inc. Class B Stock Performance

Shares of BBD.B stock opened at C$324.99 on Monday. The stock’s 50-day moving average is C$295.61 and its two-hundred day moving average is C$266.26. The firm has a market cap of C$32.06 billion, a price-to-earnings ratio of 35.99, a PEG ratio of 6.26 and a beta of 1.99. Bombardier, Inc. Class B has a 1 year low of C$145.13 and a 1 year high of C$341.00.

About Bombardier, Inc. Class B

(Get Free Report)

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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Analyst Recommendations for Bombardier, Inc. Class B (TSE:BBD.B)

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