Bombardier, Inc. (BBD.B) Rating Reiterated by TD Securities
Bombardier, Inc. (TSE:BBD.B)‘s stock had its “hold” rating restated by analysts at TD Securities in a report issued on Monday. They currently have a C$1.45 target price on the stock.
BBD.B has been the topic of several other research reports. Scotiabank reissued an “outperform” rating and issued a C$2.75 price target on shares of Bombardier in a research note on Wednesday, September 7th. Macquarie upgraded Bombardier from an “underperform” rating to an “outperform” rating in a report on Monday, September 19th. Goldman Sachs Group Inc. decreased their price objective on Bombardier from C$1.73 to C$1.67 in a report on Monday, August 8th. Citigroup Inc. raised their price objective on Bombardier from C$2.00 to C$2.07 and gave the company a “neutral” rating in a report on Wednesday, August 24th. Finally, Cowen and Company raised their price objective on Bombardier from C$1.05 to C$1.65 and gave the company a “market perform” rating in a report on Monday, August 8th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of C$1.82.
Bombardier Inc is a manufacturer of transportation equipment, such as business and commercial aircraft, aircraft structural components and rail transportation equipment and systems, and is a provider of related services. The Company operates through four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation.
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