Bombardier (TSE: BBD.B)’s stock had its “outperform” rating reiterated by equities research analysts at RBC Capital in a research note issued to investors on Wednesday. They currently have a $5.00 price target on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at CIBC raised their price target on shares of Bombardier from $4.75 to $5.50 in a research note to investors on Friday, February 22nd. They now have a “sector outperform” rating on the stock. Separately, analysts at Societe Generale cut their price target on shares of Bombardier from $4.30 to $4.00 in a research note to investors on Friday, February 22nd. They now have a “hold” rating on the stock. Finally, analysts at National Bank Financial raised their price target on shares of Bombardier from $4.25 to $4.75 in a research note to investors on Friday, February 22nd.
Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Bombardier has a consensus rating of “Buy” and an average price target of $4.93.
Bombardier, Inc. is a Canada-based aerospace and transportation company. The Company manufactures transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services.
