Bombardier, Inc. Class B (TSE:BBD.B) Receives Consensus Rating of "Moderate Buy" from Brokerages

Shares of Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the eleven brokerages that are currently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$113.42.

BBD.B has been the subject of a number of recent analyst reports. UBS Group raised Bombardier, Inc. Class B from a "sell" rating to a "neutral" rating and upped their price target for the company from C$77.00 to C$95.00 in a research report on Monday, February 24th. National Bankshares lifted their price objective on Bombardier, Inc. Class B from C$103.00 to C$107.00 and gave the company an "outperform" rating in a research report on Thursday, April 17th. CIBC decreased their target price on Bombardier, Inc. Class B from C$110.00 to C$106.00 in a research report on Monday, April 21st. Royal Bank of Canada dropped their price target on Bombardier, Inc. Class B from C$116.00 to C$101.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 16th. Finally, Desjardins decreased their price objective on Bombardier, Inc. Class B from C$145.00 to C$142.00 and set a "buy" rating for the company in a report on Friday, February 7th.

Bombardier, Inc. Class B Stock Up 0.6 %

Shares of TSE:BBD.B opened at C$92.95 on Wednesday. The stock has a market cap of C$8.04 billion, a PE ratio of 24.08, a PEG ratio of 6.26 and a beta of 2.98. The company's fifty day moving average is C$83.79 and its 200 day moving average is C$92.37. Bombardier, Inc. Class B has a 52 week low of C$62.71 and a 52 week high of C$113.60.

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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