Bombardier Inc., together with its subsidiaries, manufactures and sells transportation equipment worldwide.
Bombardier Inc. was incorporated in 1902 and is based in Dorval, Canada.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on BBD.B shares. Cowen upgraded shares of Bombardier, Inc. Class B to a "buy" rating and set a C$51.85 target price on the stock in a research report on Monday, August 8th. Barclays increased their price objective on shares of Bombardier, Inc. Class B from C$27.00 to C$30.00 and gave the stock a "not updated" rating in a research report on Tuesday, August 9th. UBS Group raised Bombardier, Inc. Class B to a "buy" rating and set a C$50.00 target price for the company in a research report on Wednesday, May 18th. TD Securities upped their price target on Bombardier, Inc. Class B from C$60.00 to C$68.00 and gave the stock a "speculative buy" rating in a research note on Friday, August 5th. Finally, JPMorgan Chase & Co. raised their price objective on Bombardier, Inc. Class B from C$25.00 to C$36.00 in a research note on Tuesday. Two analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of C$54.19.
Bombardier, Inc. Class B Trading Up 0.7 %
Shares of BBD.B traded up C$0.24 during trading hours on Tuesday, reaching C$34.14. 353,965 shares of the stock traded hands, compared to its average volume of 314,534. Bombardier, Inc. Class B has a 52 week low of C$18.30 and a 52 week high of C$57.00. The company has a market cap of C$3.20 billion and a price-to-earnings ratio of -7.70. The stock has a fifty day simple moving average of C$36.58 and a 200 day simple moving average of C$35.64.