Bombardier, Inc. Class B (TSE:BBD.B) Given Consensus Rating of “Moderate Buy” by Analysts

Bombardier, Inc. Class B (TSE:BBD.B) has received a consensus recommendation of “Moderate Buy” from the eleven analysts that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is C$114.67.

A number of equities research analysts recently weighed in on the company. UBS Group raised Bombardier, Inc. Class B from a “sell” rating to a “neutral” rating and raised their price objective for the company from C$77.00 to C$95.00 in a research report on Monday, February 24th. Citigroup lowered their price target on Bombardier, Inc. Class B from C$113.00 to C$107.00 in a report on Monday, February 3rd. National Bankshares lowered their price target on Bombardier, Inc. Class B from C$134.00 to C$103.00 and set an “outperform” rating for the company in a report on Friday, February 7th. Royal Bank of Canada lowered their price target on Bombardier, Inc. Class B from C$130.00 to C$116.00 and set an “outperform” rating for the company in a report on Friday, February 7th. Finally, CIBC lowered their price target on Bombardier, Inc. Class B from C$126.00 to C$110.00 and set an “outperform” rating for the company in a report on Friday, February 7th.

Bombardier, Inc. Class B Price Performance

Shares of BBD.B stock opened at C$83.41 on Tuesday. Bombardier, Inc. Class B has a 1-year low of C$54.04 and a 1-year high of C$113.60. The stock’s 50-day moving average is C$86.62 and its 200 day moving average is C$94.07. The company has a market cap of C$7.22 billion, a P/E ratio of 21.61, a PEG ratio of 6.26 and a beta of 2.98.

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.