Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as C$283.99 and last traded at C$282.10, with a volume of 130027 shares changing hands. The stock had previously closed at C$281.89.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on the company. Royal Bank Of Canada increased their price objective on Bombardier, Inc. Class B from C$263.00 to C$287.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Canadian Imperial Bank of Commerce decreased their target price on Bombardier, Inc. Class B from C$290.00 to C$288.00 in a research note on Friday, February 13th. BMO Capital Markets lifted their price target on Bombardier, Inc. Class B from C$240.00 to C$300.00 and gave the company an “outperform” rating in a research report on Wednesday, January 21st. JPMorgan Chase & Co. boosted their price objective on Bombardier, Inc. Class B from C$170.00 to C$215.00 in a report on Wednesday, November 19th. Finally, The Goldman Sachs Group downgraded shares of Bombardier, Inc. Class B from a “neutral” rating to a “sell” rating and raised their target price for the company from C$184.00 to C$191.00 in a research note on Monday, January 26th. Six equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$256.50.
Check Out Our Latest Analysis on BBD.B
Bombardier, Inc. Class B Stock Performance
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.
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