Shares of Bombardier, Inc. (TSE:BBD.B) have earned a consensus rating of “Buy” from the fifteen research firms that are currently covering the company. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is C$2.74.
Several equities analysts have commented on BBD.B shares. TD Securities reiterated a “hold” rating and issued a C$2.75 price target on shares of Bombardier in a research note on Thursday, May 4th. Goldman Sachs Group Inc upgraded shares of Bombardier from a “neutral” rating to a “buy” rating in a research note on Friday, April 7th. Desjardins upgraded shares of Bombardier from a “hold” rating to a “buy” rating in a research note on Thursday, March 16th. Raymond James Financial, Inc. lowered shares of Bombardier from an “outperform” rating to a “market perform” rating and dropped their price target for the company from C$3.00 to C$2.50 in a research note on Wednesday, March 8th. Finally, Scotiabank reiterated an “outperform” rating and issued a C$3.25 price target on shares of Bombardier in a research note on Friday, February 17th.
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Bombardier 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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