Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday after Royal Bank Of Canada raised their price target on the stock from C$332.00 to C$383.00. Royal Bank Of Canada currently has an outperform rating on the stock. Bombardier, Inc. Class B traded as high as C$341.00 and last traded at C$334.98, with a volume of 47321 shares changing hands. The stock had previously closed at C$325.42.
Several other brokerages have also recently commented on BBD.B. TD increased their price target on shares of Bombardier, Inc. Class B from C$284.00 to C$292.00 and gave the stock a “hold” rating in a research report on Monday, June 8th. National Bank Financial boosted their price objective on Bombardier, Inc. Class B from C$286.00 to C$296.00 and gave the company a “sector perform” rating in a report on Friday, May 1st. Scotiabank upgraded Bombardier, Inc. Class B from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the company from C$295.00 to C$305.00 in a research note on Friday, May 1st. Desjardins increased their target price on Bombardier, Inc. Class B from C$324.00 to C$364.00 and gave the stock a “buy” rating in a report on Wednesday, June 10th. Finally, UBS Group increased their target price on Bombardier, Inc. Class B from C$253.00 to C$315.00 in a report on Friday, May 1st. Six analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of C$285.69.
Get Our Latest Analysis on BBD.B
Bombardier, Inc. Class B Stock Performance
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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