BMO Capital Markets Reaffirms Outperform Rating for Bombardier, Inc. (BBD.B)
BMO Capital Markets restated their outperform rating on shares of Bombardier, Inc. (TSE:BBD.B) in a research note issued to investors on Thursday morning. The brokerage currently has a C$2.75 target price on the stock.
Several other research analysts have also commented on the company. Goldman Sachs Group, Inc. (The) raised Bombardier from a neutral rating to a buy rating in a research report on Tuesday, July 4th. Royal Bank Of Canada reissued an outperform rating and issued a C$3.00 price target on shares of Bombardier in a research report on Thursday, June 22nd. TD Securities reissued a hold rating and issued a C$2.75 price target on shares of Bombardier in a research report on Thursday, May 4th. Finally, Desjardins raised Bombardier from a hold rating to a buy rating in a research report on Thursday, March 16th. Seven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus target price of C$2.51.
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Bombardier Inc is a Canada-based manufacturer of both planes and trains. It operates through four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation. The Business Aircraft segment is engaged in the design, manufacture and aftermarket support for three families of business jets (Learjet, Challenger and Global).
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