Bombardier, Inc. Class B (TSE:BBD.B) Price Target Raised to C$132.00 at CIBC

Bombardier, Inc. Class B (TSE:BBD.B) had its price objective upped by CIBC from C$131.00 to C$132.00 in a report published on Wednesday morning,BayStreet.CA reports.

Several other brokerages also recently issued reports on BBD.B. National Bankshares upped their price target on shares of Bombardier, Inc. Class B from C$128.00 to C$130.00 in a report on Friday, November 8th. Scotiabank lowered Bombardier, Inc. Class B from an “outperform” rating to a “sector perform” rating and set a C$120.00 target price on the stock. in a research note on Friday, November 1st. National Bank Financial raised their price target on Bombardier, Inc. Class B to C$128.00 and gave the stock an “outperform” rating in a research report on Thursday, October 10th. Finally, TD Securities reduced their price objective on Bombardier, Inc. Class B from C$132.00 to C$130.00 in a research report on Friday, November 8th. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$114.42.

Bombardier, Inc. Class B Trading Down 0.3 %

Shares of BBD.B opened at C$100.54 on Wednesday. The firm’s 50-day moving average is C$101.15 and its two-hundred day moving average is C$91.57. Bombardier, Inc. Class B has a twelve month low of C$44.29 and a twelve month high of C$113.60. The firm has a market capitalization of C$8.70 billion, a P/E ratio of 25.92, a PEG ratio of 6.26 and a beta of 2.98.

About Bombardier, Inc. Class B

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide.
Bombardier Inc was incorporated in 1902 and is based in Dorval, Canada.