Bombardier, Inc. Class B (TSE:BBD.B) Given a C$260.00 Price Target by Desjardins Analysts

Desjardins set a C$260.00 price target on Bombardier, Inc. Class B (TSE:BBD.B) in a research report report published on Friday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

A number of other analysts have also commented on the company. National Bankshares raised their price target on Bombardier, Inc. Class B from C$234.00 to C$263.00 in a research note on Tuesday, December 2nd. Raymond James Financial raised their target price on shares of Bombardier, Inc. Class B from C$234.00 to C$263.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 2nd. Scotiabank cut shares of Bombardier, Inc. Class B from an “outperform” rating to a “sector perform” rating and boosted their price target for the company from C$230.00 to C$295.00 in a research report on Wednesday, January 21st. JPMorgan Chase & Co. increased their price target on shares of Bombardier, Inc. Class B from C$170.00 to C$215.00 in a research note on Wednesday, November 19th. Finally, CIBC cut Bombardier, Inc. Class B from an “outperform” rating to a “neutral” rating and lifted their price objective for the company from C$230.00 to C$290.00 in a research report on Wednesday, January 21st. Six analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of C$250.83.

Bombardier, Inc. Class B Price Performance

BBD.B opened at C$232.61 on Friday. Bombardier, Inc. Class B has a one year low of C$71.79 and a one year high of C$276.18. The business has a 50 day simple moving average of C$238.83 and a two-hundred day simple moving average of C$200.59. The firm has a market capitalization of C$23.07 billion, a price-to-earnings ratio of 63.04, a PEG ratio of 6.26 and a beta of 1.64.

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.