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

Bombardier, Inc. Class B (TSE:BBD.B) has been assigned a consensus rating of “Hold” from the eleven ratings firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is C$325.62.

A number of research analysts have recently commented on the stock. BMO Capital Markets upped their price objective 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. TD upped their price objective on Bombardier, Inc. Class B from C$306.00 to C$320.00 and gave the stock a “hold” rating in a report on Monday, August 3rd. JPMorgan Chase & Co. upped their price target on Bombardier, Inc. Class B from C$295.00 to C$350.00 in a research note on Monday, August 31st. Royal Bank Of Canada boosted their target price on Bombardier, Inc. Class B from C$383.00 to C$406.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Finally, Stifel Nicolaus set a C$390.00 price objective on shares of Bombardier, Inc. Class B and gave the stock a “buy” rating in a research note on Tuesday, September 8th.

Bombardier, Inc. Class B Price Performance

Bombardier, Inc. Class B stock opened at C$297.59 on Wednesday. The stock has a market capitalization of C$55.36 billion, a P/E ratio of 33.10, a P/E/G 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 firm’s 50-day moving average is C$320.51 and its two-hundred day moving average is C$304.66.

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.