Bombardier, Inc. (TSE:BBD.B) was upgraded by investment analysts at Macquarie from an “underperform” rating to an “outperform” rating in a research report issued on Monday.
A number of other research analysts have also commented on BBD.B. Scotiabank reiterated a “sector perform” rating and issued a C$1.75 price objective on shares of Bombardier in a research report on Monday, June 13th. Royal Bank Of Canada reissued an “outperform” rating and issued a C$2.50 price target on shares of Bombardier in a research note on Thursday, July 7th. TD Securities reissued a “reduce” rating and issued a C$1.45 price target on shares of Bombardier in a research note on Thursday, July 28th. Cowen and Company increased their price target on Bombardier from C$1.05 to C$1.65 and gave the company a “market perform” rating in a research note on Monday, August 8th. Finally, Goldman Sachs Group Inc. cut their price target on Bombardier from C$1.73 to C$1.67 in a research note on Monday, August 8th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of C$1.82.
Bombardier Company Profile
Bombardier Inc is a manufacturer of transportation equipment, such as business and commercial aircraft, aircraft structural components and rail transportation equipment and systems, and is a provider of related services. The Company operates through four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation.
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