The Bombardier, Inc. (BBD.B) Receives C$2.03 Consensus Price Target from Brokerages

The Bombardier, Inc. (BBD.B) Receives C$2.03 Consensus Price Target from Brokerages

Shares of Bombardier, Inc. (TSE:BBD.B) have earned a consensus rating of “Hold” from the fourteen ratings firms that are presently covering the company. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and six have given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is C$2.10.

BBD.B has been the topic of several recent research reports. Scotiabank restated an “outperform” rating and set a C$2.75 target price on shares of Bombardier in a research report on Friday, November 11th. TD Securities upped their price target on shares of Bombardier from C$1.55 to C$1.75 and gave the company a “hold” rating in a report on Friday, November 11th. Cormark upgraded shares of Bombardier from a “reduce” rating to a “market perform” rating in a report on Friday, November 11th. Bank of America Corp. upgraded shares of Bombardier from an “underperform” rating to a “buy” rating in a report on Monday, October 24th. Finally, Macquarie upgraded shares of Bombardier from an “underperform” rating to an “outperform” rating in a report on Monday, September 19th.

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