Bombardier, Inc. Class B (TSE:BBD.B) Stock Has Average Price Target of C$325.62 According to Analysts

Shares of Bombardier, Inc. Class B (TSE:BBD.B) have earned an average recommendation of “Hold” from the eleven analysts that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$325.62.

A number of research analysts recently issued reports on the stock. TD boosted their target price on shares of Bombardier, Inc. Class B from C$306.00 to C$320.00 and gave the company a “hold” rating in a research report on Monday, August 3rd. Royal Bank Of Canada upped their price target on shares of Bombardier, Inc. Class B from C$383.00 to C$406.00 and gave the company an “outperform” rating in a report on Friday, July 31st. JPMorgan Chase & Co. increased their price target on Bombardier, Inc. Class B from C$295.00 to C$350.00 in a research report on Monday, August 31st. BMO Capital Markets lifted their price objective on Bombardier, Inc. Class B from C$350.00 to C$375.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Finally, National Bank Financial set a C$379.00 price objective on Bombardier, Inc. Class B and gave the company a “sector perform” rating in a research note on Tuesday, September 8th.

Bombardier, Inc. Class B Price Performance

TSE:BBD.B opened at C$299.39 on Wednesday. The firm has a market capitalization of C$55.70 billion, a P/E ratio of 33.30, a PEG ratio of 6.26 and a beta of 1.47. Bombardier, Inc. Class B has a 1-year low of C$186.72 and a 1-year high of C$377.77. The company’s fifty day moving average price is C$318.42 and its 200-day moving average price is C$305.47.

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.