Bombardier, Inc. Class B (TSE:BBD.B) had its price target lowered by BMO Capital Markets from C$6.00 to C$5.00 in a research report released on Friday.

Other equities research analysts have also recently issued reports about the stock. Credit Suisse Group set a C$7.00 price objective on shares of Bombardier, Inc. Class B and gave the stock an outperform rating in a research report on Friday, August 3rd. Royal Bank of Canada reduced their price target on shares of Bombardier, Inc. Class B from C$6.00 to C$4.50 and set an outperform rating for the company in a report on Friday. Desjardins reduced their price target on shares of Bombardier, Inc. Class B from C$6.00 to C$5.00 and set a buy rating for the company in a report on Friday. JPMorgan Chase & Co. reduced their price target on shares of Bombardier, Inc. Class B from C$5.50 to C$5.00 in a report on Friday. Finally, CIBC reduced their price target on shares of Bombardier, Inc. Class B from C$5.75 to C$5.00 in a report on Friday. One research analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock has an average rating of Buy and an average target price of C$5.51.

Shares of BBD.B traded up C$0.24 during trading hours on Friday, hitting C$2.65. 18,819,970 shares of the stock were exchanged, compared to its average volume of 9,460,000. Bombardier, Inc. Class B has a fifty-two week low of C$1.96 and a fifty-two week high of C$4.16.

Bombardier, Inc. Class B Company Profile

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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Analyst Recommendations for Bombardier, Inc. Class B (TSE:BBD.B)

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