Bombardier, Inc. Class B (TSE:BBD.B – Free Report) had its price target raised by UBS Group from C$253.00 to C$315.00 in a report issued on Friday,BayStreet.CA reports.
Other research analysts also recently issued reports about the company. Royal Bank Of Canada upped their target price on Bombardier, Inc. Class B from C$287.00 to C$298.00 in a research note on Monday, April 13th. BMO Capital Markets upped their target price on Bombardier, Inc. Class B from C$240.00 to C$300.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 21st. Canadian Imperial Bank of Commerce upped their target price on Bombardier, Inc. Class B from C$288.00 to C$295.00 in a research note on Friday. The Goldman Sachs Group downgraded Bombardier, Inc. Class B from a “neutral” rating to a “sell” rating and upped their target price for the stock from C$184.00 to C$191.00 in a research note on Monday, January 26th. Finally, TD Securities upped their target price on Bombardier, Inc. Class B from C$276.00 to C$280.00 and gave the stock a “hold” rating in a research note on Friday, February 13th. Six equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Bombardier, Inc. Class B presently has an average rating of “Hold” and an average target price of C$278.08.
Read Our Latest Analysis on BBD.B
Bombardier, Inc. Class B Price Performance
Bombardier, Inc. Class B News Roundup
Here are the key news stories impacting Bombardier, Inc. Class B this week:
- Positive Sentiment: CIBC raised its target to C$295 (from C$288), implying ~3.3% upside versus the current level. BayStreet.CA
- Positive Sentiment: UBS boosted its target to C$315 (from C$253), a sizeable raise implying ~10.3% upside. BayStreet.CA
- Positive Sentiment: BMO Capital Markets raised its target to C$320 (from C$300), implying ~12.0% upside. BayStreet.CA
- Positive Sentiment: Scotiabank upgraded Bombardier from “sector perform” to “sector outperform” and lifted its target to C$305 (from C$295), ~6.8% upside. BayStreet.CA Tickerreport
- Positive Sentiment: RBC raised its target to C$332 (from C$298) and rates Bombardier “outperform,” implying ~16.2% upside. BayStreet.CA
- Positive Sentiment: Desjardins raised its target to C$324 (from C$304) and maintains a “buy,” implying ~13.4% upside. BayStreet.CA
- Neutral Sentiment: National Bank Financial raised its target to C$296 (from C$286) and keeps a “sector perform” rating, ~3.6% upside. BayStreet.CA
- Negative Sentiment: TD lifted its target to C$284 (from C$275) but retains a “hold” rating; the target is marginally below the current price (~0.6% downside), which is the only item signaling limited upside. BayStreet.CA
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.
Further Reading
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