Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report) had its price target decreased by stock analysts at CIBC from C$110.00 to C$106.00 in a report released on Monday,BayStreet.CA reports. CIBC's price objective would suggest a potential upside of 16.22% from the company's previous close.
Other equities analysts have also recently issued reports about the stock. National Bankshares boosted their price target on shares of Bombardier, Inc. Class B from C$103.00 to C$107.00 and gave the company an "outperform" rating in a report on Thursday, April 17th. Royal Bank of Canada lowered their price objective 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. BMO Capital Markets increased their target price on Bombardier, Inc. Class B from C$129.00 to C$135.00 in a report on Tuesday, January 7th. Desjardins lowered their target price on shares of Bombardier, Inc. Class B from C$145.00 to C$142.00 and set a "buy" rating on the stock in a report on Friday, February 7th. Finally, JPMorgan Chase & Co. decreased their price target on Bombardier, Inc. Class B from C$110.00 to C$100.00 and set a "neutral" rating on the stock in a research report on Thursday, February 20th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of C$113.42.
Check Out Our Latest Report on Bombardier, Inc. Class B
Bombardier, Inc. Class B Trading Up 1.7 %
Shares of BBD.B traded up C$1.53 during midday trading on Monday, hitting C$91.21. The stock had a trading volume of 310,392 shares, compared to its average volume of 605,909. Bombardier, Inc. Class B has a fifty-two week low of C$61.69 and a fifty-two week high of C$113.60. The business has a 50-day simple moving average of C$83.69 and a two-hundred day simple moving average of C$92.44. The firm has a market cap of C$7.89 billion, a P/E ratio of 23.63, a price-to-earnings-growth ratio of 6.26 and a beta of 2.98.
About Bombardier, Inc. Class B
(
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.
Read More
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
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
