Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$172.67 and last traded at C$172.11, with a volume of 216123 shares changing hands. The stock had previously closed at C$170.28.
Analyst Upgrades and Downgrades
BBD.B has been the subject of a number of research analyst reports. JPMorgan Chase & Co. increased their target price on Bombardier, Inc. Class B from C$135.00 to C$170.00 in a report on Friday, August 8th. UBS Group raised their price target on Bombardier, Inc. Class B from C$128.00 to C$173.00 in a research report on Friday, August 1st. Citigroup increased their target price on shares of Bombardier, Inc. Class B from C$109.00 to C$195.00 and gave the company a "buy" rating in a research note on Monday, July 21st. Scotiabank raised their price target on shares of Bombardier, Inc. Class B from C$150.00 to C$190.00 and gave the stock an "outperform" rating in a research note on Friday, August 1st. Finally, CIBC lifted their target price on shares of Bombardier, Inc. Class B from C$167.00 to C$181.00 in a research note on Monday, July 21st. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of C$179.45.
Check Out Our Latest Report on BBD.B
Bombardier, Inc. Class B Trading Up 2.6%
The company has a market cap of C$17.99 billion, a price-to-earnings ratio of 41.70, a price-to-earnings-growth ratio of 6.26 and a beta of 2.07. The firm's fifty day moving average price is C$163.57 and its 200-day moving average price is C$119.73.
Bombardier, Inc. Class B Company Profile
(
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.
Featured Articles
Before you consider Bombardier, Inc. Class B, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bombardier, Inc. Class B wasn't on the list.
While Bombardier, Inc. Class B currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
