Bombardier, Inc. Class B (TSE:BBD.B) Price Target Raised to C$406.00 at Royal Bank Of Canada

Bombardier, Inc. Class B (TSE:BBD.BGet Free Report) had its target price upped by equities researchers at Royal Bank Of Canada from C$383.00 to C$406.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective suggests a potential upside of 17.38% from the stock’s current price.

Several other research firms have also recently commented on BBD.B. Desjardins boosted their price objective on shares of Bombardier, Inc. Class B from C$324.00 to C$364.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. TD boosted their price target on Bombardier, Inc. Class B from C$292.00 to C$306.00 and gave the company a “hold” rating in a report on Tuesday. National Bank Financial upped their price objective on Bombardier, Inc. Class B from C$349.00 to C$379.00 and gave the stock a “sector perform” rating in a research report on Friday. UBS Group increased their price objective on Bombardier, Inc. Class B from C$253.00 to C$315.00 in a report on Friday, May 1st. Finally, Canadian Imperial Bank of Commerce lifted their target price on Bombardier, Inc. Class B from C$288.00 to C$295.00 in a research report on Friday, May 1st. Five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of C$307.83.

Get Our Latest Stock Analysis on Bombardier, Inc. Class B

Bombardier, Inc. Class B Price Performance

Shares of Bombardier, Inc. Class B stock traded up C$15.87 on Friday, hitting C$345.88. The company had a trading volume of 240,445 shares, compared to its average volume of 357,861. The stock has a 50-day moving average of C$324.71 and a 200-day moving average of C$280.90. Bombardier, Inc. Class B has a twelve month low of C$147.61 and a twelve month high of C$377.77. The firm has a market capitalization of C$34.12 billion, a P/E ratio of 38.30, a P/E/G ratio of 6.26 and a beta of 1.93.

About Bombardier, Inc. Class B

(Get Free Report)

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

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