Bombardier’s (BBD.B) Outperform Rating Reiterated at BMO Capital Markets

BMO Capital Markets reaffirmed their outperform rating on shares of Bombardier (TSE:BBD.B) in a research note released on Thursday. BMO Capital Markets currently has a C$4.50 price target on the stock.

Other equities research analysts have also issued research reports about the company. TD Securities lifted their target price on Bombardier from C$3.50 to C$4.00 and gave the company a hold rating in a research report on Thursday, February 22nd. CSFB lifted their target price on Bombardier from C$4.00 to C$5.22 in a research report on Wednesday, February 21st. National Bank Financial lifted their target price on Bombardier from C$4.25 to C$4.50 and gave the company an outperform rating in a research report on Friday, February 16th. Scotiabank lifted their target price on Bombardier from C$4.25 to C$4.50 and gave the company a neutral rating in a research report on Friday, February 16th. Finally, Desjardins lifted their target price on Bombardier from C$4.50 to C$4.75 and gave the company a buy rating in a research report on Friday, February 16th. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of Buy and an average price target of C$4.03.

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Shares of Bombardier stock opened at C$3.79 on Thursday. The company has a market capitalization of $8,510.00, a PE ratio of -11.84 and a beta of 0.93. Bombardier has a 1 year low of C$1.96 and a 1 year high of C$4.16.

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About Bombardier

Bombardier Inc is a Canada-based manufacturer of both planes and trains. It operates through four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation. The Business Aircraft segment is engaged in the design, manufacture and aftermarket support for three families of business jets (Learjet, Challenger and Global).

Analyst Recommendations for Bombardier (TSE:BBD.B)

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