Bombardier, Inc. Class B (TSE:BBD.B) Given New C$280.00 Price Target at TD Securities

Bombardier, Inc. Class B (TSE:BBD.B) had its price objective upped by research analysts at TD Securities from C$276.00 to C$280.00 in a report issued on Friday,BayStreet.CA reports. The firm currently has a “hold” rating on the stock. TD Securities’ price objective indicates a potential upside of 15.63% from the stock’s current price.

Several other equities research analysts have also issued reports on BBD.B. National Bank Financial lifted their price target on shares of Bombardier, Inc. Class B from C$234.00 to C$263.00 in a research note on Tuesday, December 2nd. Royal Bank Of Canada lifted their target price on Bombardier, Inc. Class B from C$263.00 to C$287.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. BMO Capital Markets upped their target price on Bombardier, Inc. Class B from C$240.00 to C$300.00 and gave the stock an “outperform” rating in a report on Wednesday, January 21st. Raymond James Financial raised their price target on Bombardier, Inc. Class B from C$234.00 to C$263.00 and gave the company an “outperform” rating in a research note on Tuesday, December 2nd. Finally, The Goldman Sachs Group lowered Bombardier, Inc. Class B from a “neutral” rating to a “sell” rating and boosted their price target for the stock from C$184.00 to C$191.00 in a research report on Monday, January 26th. Six investment 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’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of C$259.08.

Bombardier, Inc. Class B Stock Down 0.6%

BBD.B traded down C$1.55 during trading on Friday, hitting C$242.16. The company had a trading volume of 300,117 shares, compared to its average volume of 385,605. The firm’s 50-day moving average price is C$241.60 and its 200 day moving average price is C$205.70. The company has a market capitalization of C$24.02 billion, a PE ratio of 65.63, a PEG ratio of 6.26 and a beta of 1.42. Bombardier, Inc. Class B has a one year low of C$71.79 and a one year high of C$276.18.

About Bombardier, Inc. Class B

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide.
Bombardier Inc was incorporated in 1902 and is based in Dorval, Canada.