Bombardier, Inc. Class B (TSE:BBD.B) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Bombardier, Inc. Class B (TSE:BBD.B) has received an average analyst rating of “Moderate Buy” from ten ratings firms, with seven recommending buying the stock.
• The average 12-month price target for Bombardier, Inc. Class B is C$200.20, with multiple analysts increasing their price objectives recently.
• The stock opened at C$194.70 and has a market capitalization of C$19.31 billion, reflecting a robust interest in its equity performance.

Shares of Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report) have been given an average rating of "Moderate Buy" by the ten ratings firms that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is C$200.20.

A number of equities research analysts have issued reports on the company. TD Securities increased their price target on Bombardier, Inc. Class B from C$173.00 to C$180.00 and gave the company a "hold" rating in a research report on Friday, August 1st. BMO Capital Markets increased their price objective on Bombardier, Inc. Class B from C$185.00 to C$190.00 and gave the company an "outperform" rating in a report on Thursday, September 11th. Royal Bank Of Canada increased their price objective on Bombardier, Inc. Class B from C$202.00 to C$230.00 and gave the company an "outperform" rating in a report on Thursday, October 9th. National Bankshares increased their price objective on Bombardier, Inc. Class B from C$179.00 to C$216.00 and gave the company an "outperform" rating in a report on Friday, September 26th. Finally, JPMorgan Chase & Co. increased their price objective on Bombardier, Inc. Class B from C$135.00 to C$170.00 in a report on Friday, August 8th.

Bombardier, Inc. Class B Price Performance

BBD.B stock opened at C$194.70 on Wednesday. The firm has a market capitalization of C$19.31 billion, a P/E ratio of 44.76, a P/E/G ratio of 6.26 and a beta of 1.85. The business's 50-day moving average is C$176.88 and its two-hundred day moving average is C$136.65. Bombardier, Inc. Class B has a 1 year low of C$71.79 and a 1 year high of C$204.50.

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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