BMO Capital Markets Raises Bombardier, Inc. (BBD.B) Price Target to C$3.30

Bombardier, Inc. (TSE:BBD.B) had its price target upped by equities research analysts at BMO Capital Markets from C$2.75 to C$3.30 in a report issued on Monday, July 31st. The firm currently has an “outperform” rating on the stock.

BBD.B has been the subject of several other reports. Goldman Sachs Group, Inc. (The) raised Bombardier from a “neutral” rating to a “buy” rating in a research report on Friday, April 7th. National Bank Financial increased their price target on Bombardier from C$2.75 to C$2.90 and gave the company an “outperform” rating in a research report on Friday, July 21st. TD Securities reissued a “hold” rating and set a C$2.75 price target on shares of Bombardier in a research report on Thursday, May 4th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a C$3.00 price target on shares of Bombardier in a research report on Thursday, June 15th. Five research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Bombardier has a consensus rating of “Buy” and an average target price of C$2.79.

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About Bombardier

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).

Analyst Recommendations for Bombardier (TSE:BBD.B)

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