Bombardier, Inc. Class B (TSE:BBD.B) Given New C$3.75 Price Target at TD Securities

Share on StockTwits

Bombardier, Inc. Class B (TSE:BBD.B) had its target price lowered by TD Securities from C$4.25 to C$3.75 in a research report sent to investors on Friday morning, BayStreet.CA reports. The brokerage currently has a speculative buy rating on the stock.

A number of other research firms have also recently commented on BBD.B. Royal Bank of Canada dropped their target price on shares of Bombardier, Inc. Class B from C$3.50 to C$3.00 and set an outperform rating for the company in a report on Friday, April 26th. National Bank Financial dropped their target price on shares of Bombardier, Inc. Class B from C$4.85 to C$4.15 and set an outperform rating for the company in a report on Friday. BMO Capital Markets dropped their target price on shares of Bombardier, Inc. Class B from C$4.25 to C$4.00 in a report on Friday, May 3rd. Morgan Stanley reissued an equal weight rating and issued a C$3.25 target price on shares of Bombardier, Inc. Class B in a report on Friday, April 5th. Finally, CIBC dropped their target price on shares of Bombardier, Inc. Class B from C$3.75 to C$3.25 in a report on Friday. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of C$3.90.

BBD.B stock opened at C$1.85 on Friday. The company has a market capitalization of $3.82 billion and a PE ratio of 20.56. Bombardier, Inc. Class B has a 12 month low of C$1.59 and a 12 month high of C$5.18. The business has a 50-day moving average of C$2.17.

Bombardier, Inc. Class B Company Profile

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide. The company operates in four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation. The Business Aircraft segment designs, manufactures, and provides aftermarket support for Learjet, Challenger, and Global business jets.

Further Reading: How Do Tariffs Affect Trade Balances?

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

Receive News & Ratings for Bombardier Inc. Class B Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bombardier Inc. Class B and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Keybank National Association OH Purchases Shares of 15,561 Silgan Holdings Inc.
Keybank National Association OH Purchases Shares of 15,561 Silgan Holdings Inc.
Keybank National Association OH Acquires New Stake in CBIZ, Inc.
Keybank National Association OH Acquires New Stake in CBIZ, Inc.
Keybank National Association OH Grows Stock Position in Antero Midstream GP LP
Keybank National Association OH Grows Stock Position in Antero Midstream GP LP
Keybank National Association OH Trims Stake in Vanguard Value ETF
Keybank National Association OH Trims Stake in Vanguard Value ETF
Keybank National Association OH Purchases 2,905 Shares of iShares Edge MSCI USA Value Factor ETF
Keybank National Association OH Purchases 2,905 Shares of iShares Edge MSCI USA Value Factor ETF
Keybank National Association OH Lowers Stake in TransUnion
Keybank National Association OH Lowers Stake in TransUnion


© 2006-2019 Ticker Report