Bombardier, Inc. Class B (BBD.B) Earns Outperform Rating from Raymond James

Raymond James reiterated their outperform rating on shares of Bombardier, Inc. Class B (TSE:BBD.B) in a report issued on Monday. The brokerage currently has a C$6.00 price target on the stock.

A number of other brokerages have also commented on BBD.B. AltaCorp Capital set a C$6.50 price target on Bombardier, Inc. Class B and gave the company an outperform rating in a research note on Wednesday, July 4th. Barclays increased their price target on Bombardier, Inc. Class B from C$5.00 to C$7.00 in a research note on Monday, July 30th. BMO Capital Markets set a C$6.00 price objective on Bombardier, Inc. Class B and gave the company an outperform rating in a research note on Tuesday, July 24th. Vertical Research reaffirmed a buy rating and issued a C$5.70 price objective on shares of Bombardier, Inc. Class B in a research note on Thursday, September 27th. Finally, CSFB raised their price objective on Bombardier, Inc. Class B from C$5.68 to C$7.00 in a research note on Thursday, July 12th. One analyst has rated the stock with a hold rating and fourteen have given a buy rating to the stock. Bombardier, Inc. Class B has a consensus rating of Buy and an average price target of C$6.08.

Shares of Bombardier, Inc. Class B stock opened at C$3.19 on Monday. Bombardier, Inc. Class B has a 12 month low of C$1.96 and a 12 month 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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