Bombardier, Inc. Class B (BBD.B) Price Target Cut to C$4.50

Bombardier, Inc. Class B (TSE:BBD.B) had its target price decreased by Royal Bank of Canada from C$6.00 to C$4.50 in a research report sent to investors on Friday, November 9th. Royal Bank of Canada currently has an outperform rating on the stock.

BBD.B has been the subject of a number of other research reports. CSFB lifted their price target on shares of Bombardier, Inc. Class B from C$5.68 to C$7.00 in a research note on Thursday, July 12th. Barclays boosted their price target on shares of Bombardier, Inc. Class B from C$5.00 to C$7.00 in a report on Monday, July 30th. BMO Capital Markets set a C$6.00 price target on shares of Bombardier, Inc. Class B and gave the company an outperform rating in a report on Tuesday, July 24th. Credit Suisse Group set a C$7.00 price target on shares of Bombardier, Inc. Class B and gave the stock an outperform rating in a research report on Friday, August 3rd. Finally, Vertical Research reissued a buy rating and issued a C$5.70 price target on shares of Bombardier, Inc. Class B in a research note on Thursday, September 27th. One research analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The company currently has an average rating of Buy and a consensus price target of C$5.26.

TSE:BBD.B traded up C$0.04 during mid-day trading on Friday, hitting C$2.26. 12,137,754 shares of the company’s stock traded hands, compared to its average volume of 9,460,000. Bombardier, Inc. Class B has a 1 year low of C$1.96 and a 1 year high of C$4.16.

Bombardier, Inc. Class B Company Profile

Bombardier Inc is a Canada-based manufacturer of both planes and trains. It operates through four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation. The Business Aircraft segment is engaged in the design, manufacture and aftermarket support for three families of business jets (Learjet, Challenger and Global).

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Analyst Recommendations for Bombardier, Inc. Class B (TSE:BBD.B)

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