Bombardier, Inc. Class B (BBD.B) Price Target Cut to C$5.50 by Analysts at National Bank Financial

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Bombardier, Inc. Class B (TSE:BBD.B) had its target price lowered by National Bank Financial from C$6.00 to C$5.50 in a research note published on Friday morning. The firm currently has an outperform rating on the stock.

Other equities research analysts have also issued reports about the stock. Barclays increased their target price on shares of Bombardier, Inc. Class B from C$5.00 to C$7.00 in a report on Monday, July 30th. CSFB increased their target price on shares of Bombardier, Inc. Class B from C$5.68 to C$7.00 in a report on Thursday, July 12th. BMO Capital Markets reduced their target price on shares of Bombardier, Inc. Class B from C$6.00 to C$5.00 in a report on Friday. JPMorgan Chase & Co. reduced their target price on shares of Bombardier, Inc. Class B from C$5.50 to C$5.00 in a report on Friday. Finally, CIBC reduced their target price on shares of Bombardier, Inc. Class B from C$5.75 to C$5.00 in a report on Friday. One research analyst has rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of C$5.51.

Bombardier, Inc. Class B stock traded up C$0.24 during midday trading on Friday, hitting C$2.65. The stock had a trading volume of 18,819,970 shares, compared to its average volume of 9,460,000. Bombardier, Inc. Class B has a 52-week low of C$1.96 and a 52-week high of C$4.16.

About Bombardier, Inc. Class B

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).

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

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