Bombardier’s (BBD.B) Outperform Rating Reaffirmed at BMO Capital Markets

BMO Capital Markets reaffirmed their outperform rating on shares of Bombardier, Inc. (TSE:BBD.B) in a report published on Wednesday, October 18th. The firm currently has a C$3.30 price target on the stock.

Several other equities research analysts have also weighed in on the company. National Bank Financial upped their price objective on Bombardier from C$2.75 to C$2.90 and gave the company an outperform rating in a research note on Friday, July 21st. Raymond James Financial, Inc. reiterated an outperform rating and issued a C$3.25 price objective on shares of Bombardier in a research note on Tuesday, October 17th. TD Securities upped their price objective on Bombardier from C$2.15 to C$2.25 and gave the company a hold rating in a research note on Tuesday, August 1st. Goldman Sachs Group, Inc. (The) raised Bombardier from a neutral rating to a buy rating in a report on Tuesday, July 4th. Finally, Royal Bank Of Canada reissued an outperform rating and issued a C$3.00 target price on shares of Bombardier in a report on Thursday, June 22nd. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of C$3.01.

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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).

Analyst Recommendations for Bombardier (TSE:BBD.B)

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