Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) has been given an average recommendation of “Moderate Buy” by the eleven ratings firms that are presently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is C$114.67.
BBD.B has been the topic of a number of research reports. CIBC reduced their target price on shares of Bombardier, Inc. Class B from C$126.00 to C$110.00 and set an “outperform” rating on the stock in a report on Friday, February 7th. Citigroup reduced their target price on shares of Bombardier, Inc. Class B from C$113.00 to C$107.00 in a report on Monday, February 3rd. UBS Group upgraded shares of Bombardier, Inc. Class B from a “sell” rating to a “neutral” rating and upped their price target for the company from C$77.00 to C$95.00 in a report on Monday, February 24th. Desjardins cut their price target on shares of Bombardier, Inc. Class B from C$145.00 to C$142.00 and set a “buy” rating on the stock in a report on Friday, February 7th. Finally, BMO Capital Markets upped their price target on shares of Bombardier, Inc. Class B from C$129.00 to C$135.00 in a report on Tuesday, January 7th.
View Our Latest Analysis on Bombardier, Inc. Class B
Bombardier, Inc. Class B Stock Up 1.7 %
About Bombardier, Inc. Class B
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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