Bombardier, Inc. Class B (TSE:BBD.B) Price Target Raised to C$375.00 at BMO Capital Markets

Bombardier, Inc. Class B (TSE:BBD.B) had its target price raised by BMO Capital Markets from C$350.00 to C$375.00 in a research report report published on Friday morning,BayStreet.CA reports. BMO Capital Markets currently has an outperform rating on the stock.

Several other research firms have also recently issued reports on BBD.B. Canadian Imperial Bank of Commerce raised their target price on Bombardier, Inc. Class B from C$288.00 to C$295.00 in a research note on Friday, May 1st. Royal Bank Of Canada upped their price target on Bombardier, Inc. Class B from C$332.00 to C$383.00 and gave the company an “outperform” rating in a research report on Monday, June 29th. Desjardins upped their price target on Bombardier, Inc. Class B from C$324.00 to C$364.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. National Bank Financial increased their price objective on Bombardier, Inc. Class B from C$349.00 to C$379.00 and gave the stock a “sector perform” rating in a report on Friday. Finally, Scotiabank upgraded Bombardier, Inc. Class B from a “sector perform” rating to a “sector outperform” rating and lifted their price objective for the stock from C$295.00 to C$305.00 in a research report on Friday, May 1st. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of C$307.83.

Bombardier, Inc. Class B Stock Up 2.3%

Shares of TSE BBD.B opened at C$337.74 on Friday. The firm’s fifty day moving average is C$325.54 and its 200 day moving average is C$281.30. Bombardier, Inc. Class B has a 52 week low of C$147.61 and a 52 week high of C$377.77. The company has a market cap of C$33.32 billion, a price-to-earnings ratio of 37.40, a PEG ratio of 6.26 and a beta of 1.93.

Bombardier, Inc. Class B Company Profile

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide.
Bombardier Inc was incorporated in 1902 and is based in Dorval, Canada.