Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) had its price target dropped by analysts at Scotiabank from C$380.00 to C$370.00 in a report issued on Thursday, BayStreet reports. The brokerage currently has a “sector outperform” rating on the stock. Scotiabank’s price objective would suggest a potential upside of 19.67% from the stock’s current price.
A number of other research firms have also issued reports on BBD.B. Royal Bank Of Canada boosted their price objective on Bombardier, Inc. Class B from C$383.00 to C$406.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. National Bank Financial set a C$379.00 target price on Bombardier, Inc. Class B and gave the stock a “sector perform” rating in a research note on Tuesday, September 8th. BMO Capital Markets lifted their target price on Bombardier, Inc. Class B from C$350.00 to C$375.00 and gave the company an “outperform” rating in a report on Friday, July 31st. JPMorgan Chase & Co. lifted their target price on Bombardier, Inc. Class B from C$295.00 to C$350.00 in a report on Monday, August 31st. Finally, Stifel Nicolaus set a C$390.00 price target on Bombardier, Inc. Class B and gave the company a “buy” rating in a research report on Tuesday, September 8th. Six investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of C$330.62.
Get Our Latest Stock Analysis on BBD.B
Bombardier, Inc. Class B Price Performance
Shares of Bombardier, Inc. Class B stock traded up C$19.19 during trading hours on Thursday, reaching C$309.19. The company had a trading volume of 205,534 shares, compared to its average volume of 333,839. The firm has a market cap of C$57.52 billion, a PE ratio of 34.39, a price-to-earnings-growth ratio of 6.26 and a beta of 1.47. Bombardier, Inc. Class B has a one year low of C$186.72 and a one year high of C$377.77. The business has a fifty day simple moving average of C$317.02 and a 200 day simple moving average of C$305.83.
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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